by Sharper Management | Jul 7, 2020 | Sharper News
2020 has been full of unexpected trials. Planning for Murphy’s Law is part of an HOA board’s responsibility. Make sure your HOA is covered for the unexpected by having an adequate reserve fund. What is a reserve fund? A reserve (capital) fund is your...
by Sharper Management | May 11, 2017 | Board Members, Community, HOA, Sharper News |
An HOA’s reserve fund is your association’s equivalent to a savings account. Where day-to-day expenses are managed from the association’s operating fund, major repair and replacement costs come from the reserve fund. Planning for and funding the...
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