How can we compare our Reserve Fund to other Associations?
February 5, 2019 No Comments
This is a very common question. Most Boards want to know how their Reserves are doing, and, more specifically, how their Reserves are doing “compared
This is a very common question. Most Boards want to know how their Reserves are doing, and, more specifically, how their Reserves are doing “compared
Winston Churchill said “Saving is a very fine thing, especially if your parents have done it for you!” But how much “savings” does it take
The four-part test for determining if a component is appropriate for Reserve Funding is as follows: Is it a common area maintenance responsibility? Is it
Many Boardmembers and Managers at this time of year are asking themselves this very question. With Reserve contributions making up 15% to 40% of the
A body of new legislation affecting Florida associations was signed into law on 6/1/2010. Most significant in our opinion was the “Distressed Condominium Relief Act”.
All Association-governed communities are “aging in place”, and are moving forward towards the time they will have potentially major, unexpected expenses. But that is the