Reserve Study Maintenance: Things Change, Ensure Your Study Keeps Pace

Recent article by Paul Huijing, P.E. published in Community Associations Institute - New England Chapter publication Condo Media
Reserve studies are an important association planning tool for communities of all sizes. In a series of articles published over the past year, various objectives and phases of the study have been examined including:

• WHY? • An initial reserve study is essential to proper association budgeting and planning.
• HOW? • To read the reserve study for essential details.
• HOW? •To implement the reserve study with strategies for funding reserves in a sustainable manner.

In this article, we assume that your association has a reserve study and focus on:

• WHEN?• The information and projections in the study need to be updated.

For full article with more detail see here ...