Glossary of terms related to real estate investment.
Here are some words you should know about real estate investment, such as “Blue Declaration” and “Supplemental Loan”.

 


Reserve for repairs Entrepreneurship

Money collected in advance for the repair of a condominium in a condominium.
The management union reports the income and expenditure of management expenses and repair reserve to the owners at the annual general meeting.
There are obligations.
The income and expenditure report shows the amount of delinquencies and the total reserve fund for repairs.