The Role and Importance of the Reserve Study in Determining an Appropriate Reserve Fund

A well-run condominium can be thought of as having two components: (1) physical assets, which are the buildings, structures, and grounds on which the condominium is located; and (2) financial assets, which are the funds necessary to maintain the condominium’s physical assets. So long as the financial assets are adequate to meet the maintenance needs of the physical assets, then the condominium project itself stands a good chance to succeed.     Read the article…………..


Tags assigned to this article:
condoHOAreserve study

Related Articles

Confessions of a Manager: What Every HOA Board Should Know

Do you want to be the best Board you can be? Then you’ve found a goldmine because we asked a

How to Build Community

Pamela Britton of River Valley Ranch Community spoke at the CAI Mountain Conference about creating community in associations. Her 3

Don’t Fall for These 3 Security Mistakes

Successful HOAs promise security for the residents. However, protecting an entire neighborhood is difficult, and it can be easy to