What is a Reserve Study and Why Should an HOA Board Care?

As a homeowner or renter in a homeowners association, you know the importance of setting aside a little bit of money each month in case of an emergency. After all, you never know when you might have to replace an appliance or take your car to the mechanic. In order to effectively do this you’ve probably analyzed your budget and determined an amount that you can comfortably set aside each month so it’s there when you really need it.     Read the article…………


Related Articles

3 ways to protect your portfolio from HOA super liens

Lenders trying to foreclose on properties that have HOA assessment liens face a number of pitfalls, and a recent decision

4 Things to Look Out For With Serial By-law Warriors

The dark side of by-laws. While they’re essential for the effective running of strata, it’s possible for problem owners to use them as justification for campaigns of harassment or false accusations.

Condo Associations Face Off With Short Term Rentals

The buzz surrounding “short-term rentals” has been ever increasing over the past year thanks, in part, to websites such as