Welcome to our in-depth guide on Reserve Studies, designed to be your go-to resource for understanding the intricacies of financial planning for your community. Whether you’re a board member, property manager, or […]
Read more →When deciding whether a common area item belongs in a reserve study, refer to The National Reserve Study Standard four-part test: Part 1: See your association’s CC&Rs; to determine if the association […]
Read more →When it comes to adopting an operating budget, reserve contributions are far down on the list of items to include. A typical operating budget will include things like; utility bills, insurance premiums, […]
Read more →Do we have enough or too much money in our reserve fund account? This is a very common question board members and homeowners ask. In this article we will explain what percent […]
Read more →This article provides a brief guide about hoa reserve fund laws. You will find answers to common questions such as: Is a reserve fund required? How can we spend reserve funds? Is […]
Read more →Dry Wells are designed to collect and dispose of storm water by allowing water to percolate into subsurface soils above the aquifer. All dry wells in Arizona must be registered with the […]
Read more →A Reserve Study is a budgeting tool that assess the financial and physical health of associations. One of the responsibilities of the Board of Directors, is to act in good faith and […]
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