Condo Column: The proper Reserve Study (CT)

/ Owner - September 8, 2023

Last time I explained why the need for a Reserve Study exists. This time, some ideas of what you should have in one.  First, as a reminder, a reserve study is simply a better budget planning tool that identifies the components an association is responsible to maintain or replace, the current status of the reserve fund, what is needed and when and how to properly fund it to offset anticipated future major common area expenditures.   Read the article………………………..

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