Q. As we all know, the cost of everything, including services and materials related to maintaining an association property, has risen dramatically over the last couple of years. Clearly, our association budget and monthly fees should be s…
There are few feelings worse than encountering an unexpected expense and finding the piggy bank empty. That is why reserve funds and reserve studies are such important elements in the financial well-being of co-ops, condos and homeowners as…
Taking care of a condo, co-op or HOA’s budget and finances is a big job. Handling such large sums of money is an important responsibility, and not every unit owner or shareholder has the expertise to do the job well. Sure, most people know …