Define: Corpus Fund
Corpus Fund means funds reserved by a party for basic operational costs, major repairs, replacements or additions, that may also cover specified activities.
Corpus Fund means funds reserved by a party for basic operational costs, major repairs, replacements or additions, that may also cover specified activities.
Relevant Circumstances
- When establishing or managing housing cooperatives or societies
- In leasing commercial properties
- When organizing major planned events
Relevant Sectors
- Real Estate
- Event Management
- Facilities Management