---
title: "Condo Association Reserve Funds: Use and Regulations"
description: What are the rules and regulations around a condo association's or HOA's reserve funds?
image: https://www.condoassociation.com/hs-fs/file-13173153-jpg/images/reserve_funds-resized-600.jpg
---

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# Condo Association Reserve Funds: Use and Regulations

| [Budgets & Finance](https://www.condoassociation.com/blog/topic/budgets-finance) |   [Condo Reserves](https://www.condoassociation.com/blog/topic/condo-reserves) |  

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## What do you think? Question:

Regarding reserve funds: Can the Condo Association Board![reserve funds](https://www.condoassociation.com/hs-fs/file-13173153-jpg/images/reserve_funds-resized-600.jpg) utilize reserve funds to make needed improvements? Can one reserve fund by reallocated to another to accomplish the improvement? Does the majority of the condo association need to vote to re-allocate funds or can the Board re-allocate the funds as needed without a vote if they make the condo association aware at a monthly meeting? I'm a Florida Unit owner and am not fully aware of the FL 718 statutes or the Florida Administrative Codes regarding use of reserve funds

 

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## What do you think? Answers (30)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

## Related Posts

### [What are financial responsibilities of a condo association or HOA?](https://www.condoassociation.com/blog/tabid/19257/bid/8762/What-are-financial-responsibilities-of-a-condo-association-or-HOA.aspx)

### [What are the financial reporting requirements for condo associations?](https://www.condoassociation.com/blog/tabid/19257/bid/14101/What-are-the-financial-reporting-requirements-for-condo-associations.aspx)

### [Clearwater, FL firm mismanages HOA funds without financial records.](https://www.condoassociation.com/blog/clearwater-fl-firm-mismanages-hoa-funds-without-financial-records)

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