As communities Boards change over time there is often a change in direction for a community with regards to how common areas are funded or which projects are most important to the present community membership. A reserve study completed for new Boards will help to guide them in their specific direction as a reserve study provides an outline of the costs Associated with replacement of common area components as well as includes funding plans based on the client’s goals, statutory requirements and our recommendations based on our experience with similar communities. Just Completing a Reserve Study is not Enough Just having a reserve study completed is not enough for common… Read More
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