Reserve Fund Archives - The Michigan Community Association Law Blog

Condo and HOA Assessments, Condo Lending, Condo Loans, Reserve Funds

Underfunded Reserves? How your Condominium Association Can Qualify for a Community Association Loan

Nearly 2 years after the Surfside collapse, the New York Times recently reported that a 35-unit condominium in North Bay Village, Florida was ordered to be evacuated after an engineer deemed the condominium to be structurally unsound. The engineering report provided to North Bay Village

May 1, 2023

Kevin Hirzel (175 ARTICLES)

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Condo and HOA Assessments, Condominium Maintenance, Reserve Funds

The Role and Importance of the Reserve Study in Determining an Appropriate Reserve Fund

Matthew W. Heron, Esq. Introduction A well-run condominium can be thought of as having two components: (1) physical assets, which are the buildings, structures, and grounds on which the condominium is located; and (2) financial assets, which are the funds necessary to maintain the condominium’s physical assets.

March 4, 2016

Matthew Heron (30 ARTICLES)

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