Monthly Archives: March 2017

//March

Which Components Belong in the Reserve Study?

by Michael Nash The Component List The Reserve Component List forms the basis of every Reserve Study, specifying the scope and schedule of all projected Reserve projects.  Reserve Fund Strength and the Reserve Funding Plan are both calculated based on the repair and replacement projects that appear on the Reserve Component List.  Therefore, it is [...]

By | March 22nd, 2017|Reserve Study|Comments Off on Which Components Belong in the Reserve Study?

How Often Should You Update Your Reserve Study?

It’s important that your Homeowners’ Association has a reserve fund which is being adequately contributed to. But, as the condition of your common interest property doesn’t remain the same, neither should your reserve study. Reserve studies need to be updated to constantly reflect the needs of maintaining the property. To understand suggestions of when to [...]

By | March 7th, 2017|Reserve Study|Comments Off on How Often Should You Update Your Reserve Study?