06 - Condo Reserve Fund Studies with Sharon Bigelow
Condo Web Show - Interviews with Condominium Experts
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Understanding Reserve Fund Studies in Condominiums
This chapter explores the critical role of reserve fund studies in condominium management, detailing their importance in financial planning and preventing unexpected costs. It discusses the components of effective studies, the need for clear communication, and the selection of competent providers. Additionally, the chapter addresses the optimal timing for conducting these studies and emphasizes the importance of regular assessments in maintaining financial health for condominium associations.
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