Asset management plan
The asset management plan is a tool which allows the co-ownership’s directors to plan maintenance activities and budgets, and to determine the contributions to the contingency fund in order to ensure the proper maintenance and sustainability of the property. It includes a complete inventory of the components, the maintenance log, the certificate of the state of the immovable, and the contingency fund.
It specifies:
- the level of maintenance;
- any corrective action required;
- the estimated amount of the contingency fund and maintenance costs;
- the scenario chosen by the board of directors