By following the unbiased recommendations of your reserve study report you will minimize the risk of additional assessments and bank loans. This will ensure capital projects occur in a timely manner, easing the overall burden of being a Board member!
Reserve Studies work to convey your community’s capital planning needs to current and future boards, along with supporting the Board’s fiduciary responsibility to maintain and enhance the community. A properly maintained community increases curb appeal and enhances property values, ultimately making the association more desirable.
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