1. Home
  2. Posts tagged: reserve funding

Tag Archives: reserve funding

2022 Community Association Legislation—What Happened?

After the Surfside tragedy, everyone wanted to know how such a tragedy could happen and what steps could be taken to avoid similar incidents in the future. What caused the collapse? Could it have been avoided? Why were repairs not made? Why did local governments allow repairs to drag on? Why were repairs not made […]

Distinguishing between Statutory and Non-Statutory Reserves under the Florida Homeowners’ Association Act

Distinguishing between Statutory and Non-Statutory Reserves under the Florida Homeowners’ Association Act Considering the fiduciary responsibilities officers and directors have to the homeowners’ association’s members, it is important to understand not only the importance of including reserve accounts in an association’s budget, but also to understand when reserve funding is mandatory under the Florida Homeowners’ […]