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Replacement reserve fund
An account, or fund, setup for the replacement of short life items, such as carpeting, in the common areas of a cooperative property.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Real estate
- Category: General
- Company: Coldwell Banker
- Product:
- Acronym-Abbreviation:
Other Languages:
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