SUPPOSE YOU TOUCH THE RESERVE FUNDS YOU’RE NOT SUPPOSED TO TOUCH?
We’re approaching the time of year when Boards are starting to prepare the budget for the following fiscal year. As we all know, in a condominium, the budget must show fully funded reserves, and the owners then have the option of waiving or reducing the funding of reserves. In an HOA, the budget can…
Read: SUPPOSE YOU TOUCH THE RESERVE FUNDS YOU’RE NOT SUPPOSED TO TOUCH? →