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eBooks, Articles, & More

  • Article

What is Full Funding and Baseline Funding?

After the Component List has been created or updated, the current Reserve Fund Strength and a recommended Funding Plan are calculated. The Funding Plan typically takes the form of a recommended monthly Reserve contribution. This "action plan" is developed to take the Reserve Fund from its current condition to the Funding Objective. But the question remains, which Funding Objective, and why?
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  • Article

How Much Should our Reserve Contributions Be?

There once was a man with one foot in a bucket of scalding hot water and one foot in a bucket of ice water. When asked how he felt, he said "On the average, I feel just fine!" With that illustration clearly warning you of the limitations of discussing averages, how much should your Reserve contributions be?
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  • Article

Lifetime Tile Roofs: Fact or Fiction

The world of roofing is very competitive, causing product manufacturers to seek ways to separate themselves by offering more and more. The latest marketing trend is to advertise “lifetime” tile roofs.
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  • Article

New Swimming Pool Standards

The 2010 American Disabilities Act (ADA) guidelines for the Accessible Design for Recreation Facilities were revised and sign into law on September 15, 2010. The law specifies certain elements of design to ensure that individuals with disabilities are able to access and use swimming pools, spas, wading pools, and other aquatic recreation facilities.
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  • Article

Why Modernize a (Perfectly Functional) Elevator?

Elevators are critical elements of modern-day, multi-story buildings. Owners expect they will function as reliably as the sun comes up in the morning. Unfortunately elevators, just like any other mechanical component, eventually fail.
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  • Article

Reserve Account Law – What’s Changed?

Significant Assets within Condominium Associations means that the current total cost of major maintenance repair and replacement of the reserve components is fifty percent or more of the gross budget of the association, excluding the budgeted reserve contribution.
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