A Tampa condo roof caves in mid-hurricane season. No reserve fund. No backup plan. Just angry emails, emergency fees, and a board scrambling to stay afloat. Now flip it: same storm, but the fix is ...

A: The reserve fund is established so that the homeowners association (HOA) can build up money to offset the ongoing deterioration of common area components included in the HOA’s reserve study. If the ...

Your Florida homeowners association (HOA) can benefit from a reserve study because it improves financial stability. Planning for the future becomes easier once you know how to prevent emergency ...

Q: Our HOA reserves for replacement are severely underfunded. The board recognizes this deficit and is working to catch up but it will take time to achieve a suitable reserves funding level. Does ...

Q: Last year after insurance skyrocketed, the HOA board borrowed from the reserves and then paid back the reserves with an assessment. We then learned that the board borrows from the reserves every ...