What document outlines the method for determining the Reserve Fund?

The Condominium Property Act Regulation is the correct choice for outlining the method for determining the Reserve Fund. This regulation provides specific guidelines and requirements that ensure adequate financial planning for a condominium's future maintenance and repairs. It typically includes provisions that dictate how much money should be set aside in the Reserve Fund, the calculation methods to determine the required contributions, and overall financial responsibilities that the condominium must adhere to for the long-term sustainability of the property.

In the context of property management, understanding the Reserve Fund is crucial as it plays a significant role in maintaining the property's value and ensuring that necessary repairs and upgrades can be financed without placing an undue burden on the condominium owners. The structured method provided by the Condominium Property Act Regulation helps ensure consistent and fair financial practices across condominium associations.

While other options like the Condominium Management Agreement and Board Governance Policy deal with the operational and administrative aspects of managing a condominium, they do not typically specify the financial mechanisms related to the Reserve Fund in the same way that the regulation does.