Tag Archives: painting

Should Painting Be Included In The Reserve Study?

The question of including painting in reserves continues to arise, even 15 years after the matter should have been settled. To understand why, you need to know that this issue first arose from tax considerations,
not because of any budget, maintenance, or economic factors. Painting is one of the largest expenditures that most
condominium associations will incur. The primary purpose for establishing reserves is to assure funding is available for major repairs and replacements that do not occur on an annual basis. Consequently it is logical that it should be included in reserves because it is not an annual maintenance expense. For most associations painting will occur every 7 to 15 years.

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NC: Purple shutters could leave homeowner shut out

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

A Brunswick County resident awaits her homeowner association’s approval after painting her shutters purple and submitting a request form as the association threatened daily $50 fines until she sent the form.
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