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Paperback Condominium Reserve Funds: How Much Is Enough? Book

ISBN: 1091075638

ISBN13: 9781091075634

Condominium Reserve Funds: How Much Is Enough?

In this article, Tommy Duvall discusses methodologies that are used to balance the need for a reserve fund and the need for lower condo fees. The purpose of a condominium reserve fund is to set aside cash in the anticipation of major repairs and replacements in the future. With a properly funded reserve fund special owner assessments are avoided. However high regular condo fees are undesirable. This article contains a spreadsheet method and a direct...

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Format: Paperback

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