Monthly Archives: March 2017

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 [...]

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 [...]