What We Prepare
The Reserve Fund Study, under The Condominium Act.
In Manitoba, the reserve study is the Reserve Fund Study, and condominium corporations are required to establish and maintain a reserve fund, informed by a Reserve Fund Study, under The Condominium Act and its regulations, renewed on the cycle the legislation sets.
Every engagement starts with a full inventory of the corporation’s major common components, an on-site condition inspection, and a long-range funding forecast across multiple funding models. The result is a study a volunteer Board can read and act on, and one that holds up when an Owner, a lender, or an insurer reviews your documents.
We prepare each study to recognized reserve-planning standards and to the requirements of The Condominium Act, so the terminology and the obligations are applied the way your corporation actually lives under them.
See the full Reserve Fund Study →Across the Province
From the capital to the wider province.
Manitoba’s condominium corporations are concentrated in Winnipeg and extend across the regional centres beyond it. We work with corporations province-wide, with the on-site inspection scheduled in your area.
- Winnipeg & the Capital Region
- Winnipeg, Headingley, and the surrounding municipalities, the province’s largest concentration of condominium corporations.
- Western Manitoba
- Brandon, Portage la Prairie, and the western communities, from mid-rise condos to larger multi-building corporations.
- The Wider Province
- Steinbach, Winkler, Thompson, and beyond, where weather and renewal timing both matter to a forecast.
Corporations outside these centres are served the same way, remotely for most of the engagement, with the inspection scheduled on site. Distance does not change the standard of the work.
Why OurCastle
Built for Manitoba’s rules.
We bring deep reserve-planning experience to condominium corporations across Manitoba, with every study applied carefully to The Condominium Act.
- Manitoba rules applied correctly. The terminology and statute follow The Condominium Act, not a generic template.
- Remote-capable by design. Most of the engagement runs in a shared workspace, so a condo in Thompson gets the same attention as one in Winnipeg.
- Independent throughout. No ties to contractors or vendors, so the recommendations serve the Owners and no one else.
Common Questions
Manitoba, specifically.
Straight answers on obligation, terminology, and reach for condominium corporations in Manitoba, before you request a proposal.
Does our Manitoba condominium corporation need a Reserve Fund Study?
In Manitoba, condominium corporations are required to establish and maintain a reserve fund and to base their reserve planning on a Reserve Fund Study under The Condominium Act and its regulations, renewed on the cycle the legislation sets. The specifics vary with a corporation’s size and circumstances. We confirm exactly what applies to your corporation as part of the proposal.
Is a Reserve Fund Study the same thing as a Depreciation Report?
It is the same deliverable under a different name. In Manitoba the reserve study is the Reserve Fund Study, prepared under The Condominium Act. In British Columbia the equivalent is the Depreciation Report under the Strata Property Act. The terminology follows the jurisdiction; the underlying work, a component inventory, a condition inspection, and a long-range funding forecast, is the same.
You are based in BC. Can you really serve a condo in Manitoba?
Yes. Most of the engagement runs in a shared workspace, with the on-site condition inspection scheduled in your area, so a condominium in Winnipeg or Brandon gets the same attention as a building closer to home. We prepare each study to recognized standards and to The Condominium Act, and confirm the requirements that apply to your corporation as part of the proposal.
For Reference
Read the Manitoba requirements for yourself.
The standards and obligations behind a Reserve Fund Study in Manitoba are public. Here are the primary sources we prepare to.