This year, several states have considered new legislation to help — or force — condominium association and HOA-governed common interest developments (CID) to better manage
Tag: Reserve study
Will mandating Condo HOA Reserve funds help preserve safe Housing?
Demanding that HOAs save money for the future is just one part of the solution. In practice, a fully-funded reserve account is a solution that may be impractical or impossible to implement for the vast majority of existing HOA-governed communities.
Reserve account realities: what the HOA industry won’t tell you
By Deborah Goonan, Independent American Communities Homeowners’ association industry trade groups have been beating the drum about the importance of strong reserve accounts for many
HOA, Condo, & Co-op Legislative Highlights (Feb. 2018, MA,MD, MI, NH)
By Deborah Goonan, Independent American Communities MARYLAND Senate Bill 258 and House Bill 77 (MD) It’s no secret that real estate developers prefer to limit