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If an HOA provided a new Reserve Funding Plan in California Civil Code Section 5550 is one still required for 2018? I can't find anything that ends the requirement for HOA's to prepare a 3-year reserve funding study and provide a summary or report to members.

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can we reduce the size of our condo association's reserves in form of a pay out or condo fee reduction?

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How long can we reserve for components on our hoa or condo association?

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Can we payout a dividend from our HOA / condo reserves?

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What do other association boards do with the leftover balance of a reserve account once a project is completed? I would be inclined to sweep it to a general maintenance reserve account to be able to use it for other

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Does the Budget that the condo hoa require a line for reserves?

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Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.
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