A look at the Internet shows that in 2010 and 2011, there were quite a few cases of bank loans being held up because the condo association didn’t have 10 percent of its funds in a reserve account, since it was dealing with foreclosures and other immediate, pressing problems. Hopefully, ...
Benny L. Kass
In this paper, we have examined volatility of the day-to-day move- ments of foreign institutional investment (FII) in India, along with some other related variables like the stock market,returns and the call money,rate. For the purpose o... ...
We take pride that our reserve studies are easy to read and understand while exceeding Statutory Requirements & National Reserve Study Standards as well as be in accordance with the Foundation for Community Association Research's Best Practices. Our Reserve Analysts' are designated with the appropriate...
We are an Arizona Reserve Study Company specializing in Reserve Studies for your HOA or Condominium Association.
reserve account stockpile,reserve,backlog- something kept back or saved for future use or a special purpose hidden reserve- reserves that do not show up on the balance sheet (as by understating values) pool- any communal combination of funds; "everyone contributed to the pool" ...
Reserve Studies for Homeowners Associations HOA & CONDO RESERVE STUDY PROFESSIONALS Our studies are meant to be easy to read and understood while exceeding the Community Associations Institute’s National Reserve Study Standards (CAI - Reserve Study Standards) and/or the Association of Professional Reser...
Any conversion that happened after 2003 is probably a financially toxic complex that will mostly likely never succeed as a condo association. If you bought into such a situation in search of a place you could make into a real home, you will very disappointed. ...
Once the board of a co-op or condo is convinced of the need and desirability of maintaining a properly funded reserve, they face the challenge of educating their unit owners of the need to set aside funds for future major repairs and replacement. It is not unusual for unit owners to resis...
Condo communities and HOAs typically establish and maintain the funds using the dues, orHOA fees, paid by owners to cover maintenance, repairs, and other expenses incurred by the community. The community association's board usually oversees the funds and decides how to allocate its use. For exa...