Reserve Funds

Reserve fund studies should be considered for myriad reasons. Firstly, such studies enable a thorough evaluation of the anticipated amounts required for repairs to a condominium complex. They are also an essential tool for condo association administrators, helping them justify decisions related to capital assets while limiting their responsibility in the event of class action suits filed by association members. Lastly, a reserve fund study is an accurate evaluation tool for determining how much must be invested to maximize the value of real estate or condominium complex properties.

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