The Critical Importance of Community Association Reserve Funds and Reserve Studies

Successful HOAs and community associations must plan ahead for their future needs, so they can budget and save today for property and amenities that will require repair and replacement well into the future. Money is allocated each year to a special reserve fund, and the amount that needs to be funded (and utilized) over time is determined through a reserve study.    Read the article…………


Related Articles

How to be a successful condo board director

In a previous post, I provided a checklist of best practices that successful boards use. Successful boards are made up

Do You Need a Security Guard at Your Gate? (FL)

Taking the right steps to prevent theft, vandalism, and violent crimes is essential for community leaders, and one of these

How to enforce lease restrictions in a condo building

Q: I am president of my association for a nine-unit condominium building. We have a limit to the number of