Can a Board Use Reserves for an Item Not Listed in the Reserve Study? (CA)

/ Owner - September 22, 2018

The purpose of the reserve fund is to plan for future repairs and replacements in the association. But what about components that you can’t see and aren’t listed in the reserve study? For example, plumbing supply lines that aren’t included in the reserve study and will end up costing somewhere in the ballpark of $50,000 to repair or replace.    Read the article………………

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