Condo Q&A

What is the "pooled" method of funding association reserves?

Written by CondoAssociation.com | Sat, Dec 31, 2016 @ 01:19 PM
If my Florida Condo Association voted to approve using the "pooled" method of funding the reserves will it need to vote on this every year as if it was waiving to fully fund? Or once the method is voted on and approved would it remain in effect until another method is voted on and approved? Any backup supporting either would be greatly appreciated.