Author Archives: Robert M. Nordlund, PE, RS

California’s SB 721 (aka the Deck Inspection Bill) – Poof it’s Gone!

On Jun 20, 2018 this bill was amended, removing the section applying this requirement to community associations. So this upcoming (dreaded) requirement has disappeared for community association housing. Click here to see the amended bill. But let me take a … Continue reading

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Is Choosing a Reserve Study Provider all about Price?

I found this article thought-provoking.  I read the article from the point of view of a professional who has been serving non-profit community association clients for over 30 years. In tracking the reason we are not selected after submitting a … Continue reading

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Skimping on Reserve Contributions Doesn’t Save you any Money!

What’s better – $50/mo Reserve contributions (as part of your condo’s total monthly assessment) or $70/mo? All other things being equal, I’d rather pay a $50 monthly bill than a $70 monthly bill. But… not all other things are equal. … Continue reading

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Adequate Reserves – (Finally!) Defined

Many, if not most Governing Documents require the Board to set aside “adequate Reserves” to care for the common areas. But what exactly are “adequate Reserves”? I was recently challenged to define the concept of adequate Reserves by a number … Continue reading

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How to Fund California’s SB 721 Deck Inspections?

In a previous post, we described how the requirements of California’s proposed SB 721 (safety inspections of decks and balconies in multi-family buildings) would not be satisfied by a Reserve Study site inspection. So the question now becomes, if this … Continue reading

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Real Estate Claims of “Strong Reserves” – Be Careful!

We subscribe to a media monitoring service that scours the internet for any “mention” of our company name.  We do this to measure our influence in the Reserve Study industry and identify hot issues or trends.  With a company name … Continue reading

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(CA) Senate Bill 721: Deck Inspections and Reserve Study Inspections

In California in the first half of 2017, Senate Bill 721 has been proposed, a bill which requires all exposed decks/walkways more than 6 ft above ground, in structures containing three or more multi-family units, to be inspected before 1/1/2023 … Continue reading

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The Benefit of Updating your Reserve Study Annually

Reserve Studies are budget planning and disclosure documents prepared to help the board meet their responsibility to care for the assets of the association. Many of the association’s common area components are so large that the association needs many years … Continue reading

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EQ Retrofitting in Los Angeles, 2017

by Steven Beltramo, Project Manager, Association Reserves The Issue: Homeowners and Association Managers need to be aware that the City of Los Angeles has passed Ordinances 183893 and 184081, city laws that require the earthquake retrofitting of buildings that fall … Continue reading

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Avoiding Future Special Assessments

By Drew Sleezer, Project Manager Life is full of risks. You may be stuck with your current circumstances, but you have surprising power to influence many future risks. As a manager or board member, you are responsible for the care … Continue reading

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