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eBooks, Articles, & More

  • Blog

Can We Reserve for Landscaping?

Great question! A reader asked this yesterday, describing their association as a residential association with many private homes along a common street, with little other common area assets (a gate system and a tot lot).
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  • Blog

Can We Choose to Under-Reserve?

Boards are free to choose how to fund Reserves. Typically Governing Documents require the Board to collect "adequate" or "sufficient" Reserves to care for the association's common areas.
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  • Blog

Avoiding Future Special Assessments

Life is full of risks. You may be stuck with your current circumstances, but you have surprising power to influence many future risks.
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  • Blog

Are Reserve Contributions in Excess of “Actual Costs”?

A California client asked a very interesting question. California law (Civil Code 1366.1) specifically limits associations from collecting assessments in excess of the actual costs for which the funds are being collected.
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  • Blog

Adequate Reserves – (Finally!) Defined

Many, if not most Governing Documents require the Board to set aside “adequate Reserves” to care for the common areas.
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  • Blog

A Reserve Study Mistake to Avoid!

Many times in a Reserve Study you will see multiple assets grouped together, like all the roofs on all buildings.
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