Join Authors Kevin Leonard, RS and Robert Nordlund, PE, RS as they discuss “Understanding Reserves: A Guide to Your Association’s Reserve Fund & Reserve Study”, a brand new Reserve Study reference book for board members and community managers. Kevin and Robert will talk through the topics covered in the book, answer questions from the audience, and giveaway a book to a lucky attendee!
“Understanding Reserves” clarifies the issues surrounding reserve related decisions, and communicating those issues to home owners. This informative guide answers questions such as: Why should an association set aside reserves? What is a reserve study and why is it important?
What level of reserve funding is adequate? How should a reserve study be conducted? What is a reserve component? What does percent funded mean? How is a reserve funding plan calculated? and much more! This guidebook will quickly become a well referenced resource on your desk!