Learn more about our management packages today —
Call toll free (888) 565-1226

Tag Archives: component

The Science and Art of the Reserve Study

Preparing the annual budget and overseeing a homeowner association’s finances are perhaps the most important responsibilities of the board. It is also a primary duty of the board to maintain and preserve market values of member property. To do so properly, directors must develop a schedule and funding plan for future repair or replacement of common elements, such as swimming pools, decks, paving, concrete, fencing, signs, etc.

Read more