A: The reserve fund is established so that the homeowners association (HOA) can build up money to offset the ongoing deterioration of common area components included in the HOA’s reserve study. If the ...

Despite great efforts to lessen the problem, too many HOAs still have inadequate reserve fund savings. Civil Code Sections 5300(b)(2-7) and 5570 require detailed disclosures regarding reserves. The ...

This is part three in a series on HOA reserve funds. Despite great efforts to lessen the problem, too many HOAs still have inadequate reserve fund savings. Civil Code Sections 5300(b)(2-7) and 5570 ...

If you live in a community with a homeowners association, or HOA, you’ll likely run into special assessments, which have become increasingly common in places like Florida. An HOA special assessment is ...