|Reserve Study Resources||<– Date –> <– Thread –>|
|From: Sharon Villines (sharonsharonvillines.com)|
|Date: Thu, 29 Dec 2011 10:13:24 -0800 (PST)|
These are some of the resources I distribute during my reserve study workshops: Association Reserves, Inc. http://www.reservestudy.com/ A large reserve study firm serving California and several other western states. Includes a Q&A that covers many topics, most responses from lawyers. An excellent web resource. They also offer do-it-yourself packets and inexpensive financial updates. In some circumstances these may be useful but nothing will replace having a construction engineer and other facilities specialists look over your facilities with you and point out problems. State of California Dept of Real Estate Reserve Study Guidelines for Homeowner Association Budgets http://www.dre.ca.gov/pdf_docs/re25.pdf Most resources are written in such noncommittal language that they effectively say nothing. The California Guidelines are an exception. They are extremely detailed and well documented. Each state and each situation is subject to different laws, but following the best practices can only benefit your community. Just because you don’t have to do it, doesn’t mean you shouldn’t. California Guidelines has the most complete information available. Reserve Study Advisors http://www.reserveadvisors.com Another commercial site with good Q & A pages. Community Associations Institute http://www.caionline.org/ An association of and for HOAs. Their last publication on reserve studies was very cautious and thus not particularly helpful, but the members of local chapters can be very helpful in recommending a local Reserve Study Specialist and sharing other information about managing a condo. Sharon ---- Sharon Villines Takoma Village Cohousing, Washington DC http://www.takomavillage.org
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