Category: Reserve Fund Basics

Educational Articles and Publications covering Reserve Fund Basics including Reserve Fund Strength, Percent Funded, Guidelines etc..

What is Percent Funded?

What is Percent Funded?

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 funded level is and how to understand how it applies to reserve strength. First, if you don’t already have a Reserve Study, you…

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How to Read A Reserve Study in 3-Steps

How to Read A Reserve Study in 3-Steps

Over the years we’ve helped hundreds of clients prepare and plan for future expenditures with Reserve Studies. Reserve Studies serve as a “Road Map” to guide an association through the ups and downs of the uncertain future. However, understanding a Reserve Study is not always the easiest thing to do. Most Reserve Studies are approximately…

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Should your HOA borrow from The Reserve Fund?

Should your HOA borrow from The Reserve Fund?

Should your HOA borrow from the Reserve fund? The short answer to this question is, “It depends.” In this article, we discuss the advantages (if any) and disadvantages of borrowing from the reserve account. Every state has different rules regarding borrowing from the reserve account. For example, in California it is possible to borrow from…

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7 things you should know hoa reserve funds

7 things you should know hoa reserve funds

Laws regarding Reserve Funding Levels, Reserve Studies and Reserve Contributions differ from state to state. Reserve Study Laws and Reserve Funding Legislation vary by state. Click here for an interactive map and complete list of Reserve Study laws by state. In the absence of specific legislation regarding Reserve Funding, associations should refer to their governing…

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