Condo Q&A

Questions about condo reserves and board members

Written by CondoAssociation.com | Sun, Jul 30, 2017 @ 01:57 PM

Is there a maximum dollar amount a condo association can have on their books for their reserve fund?  What is the legal requirement for number of board members? We currently have three members and one volunteer, shouldn't the volunteer been given an actual position on the board?