How Much are Adequate Reserve Contributions?
At Association Reserves we understand board members face a big challenge to budget for the maintenance and replacement of their association’s major common area assets. Boards typically have little knowledge of project costs and when those costs are expected to occur. Looking to the Reserve Study for guidance, most members will review the document and exclaim, “We’re supposed to put THAT much in?” Such a realization often brings a chill to the budget process. Read the article……………
I Really Don’t Like My Neighbor’s Tenants: Issues With The Use And Enforceability Of Rental Restrictions In Homeowners’ Associations
It is an all too common situation, especially in coastal communities, mountain retreats, and college towns: You bought a home
Keeping assessments from increasing in a homeowners association is one of the most important things an HOA board and its