---
title: "Condo association reserve funds are \"tanked out\""
description: Our Reserve Fund has been &quot;tanked out&quot; and the Board feels that according to our Doc&#39;s. all the Reserves must be spent prior to a special assessment.
---

[Skip to content](https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx#main-content)

# Condo association reserve funds are "tanked out"

| [Condo & HOA Assessments](https://www.condoassociation.com/blog/topic/condo-hoa-assessments) |   [Condo Reserves](https://www.condoassociation.com/blog/topic/condo-reserves) |  

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx>

## What do you think? Question:

Our condo association's reserve fund has been "tanked out" and the board feels that according to our documents all the [condo reserves](https://www.condoassociation.com/blog/tabid/19257/Default.aspx?Tag=Condo%20Reserve) must be spent prior to a [special assessment](https://www.condoassociation.com/blog/tabid/19257/bid/8267/About-Condo-Association-Special-Assessments.aspx). Why bother to separate funds if painting money can be used for roof replacement?

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx>

## What do you think? Answers (12)

#### 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

### [Condo board wants to spend all reserves prior to new assessment](https://www.condoassociation.com/blog/condo-board-wants-to-spend-all-reserves-prior-to-new-assessment)

### [Condo board borrows from reserves. Owners afraid it will not get re-paid.](https://www.condoassociation.com/blog/condo-board-borrows-from-reserves.-owners-afraid-it-will-not-get-re-paid)

### [How do we know if we set up our condo association finances correctly?](https://www.condoassociation.com/blog/how-do-we-know-if-we-set-up-our-condo-association-finances-correctly)

```json
{
  "@context": "https://schema.org",
  "@type": "BlogPosting",
  "headline": "Condo association reserve funds are "tanked out"",
  "image": [
    ""
   ],
  "mainEntityOfPage": {
    "@type": "WebPage",
    "@id": "https://www.condoassociation.com/blog/tabid/19257/bid/22445/Condo-association-reserve-funds-are-tanked-out.aspx"
  },
  "datePublished": "2024-10-01",
  "dateModified": "2024-10-01"
}
```