Month: May 2014

An In-depth Look at Reserve Funds Reserve Study Terminology Richard Thompson, President Association of Professional Reserve Analysts COMPONENT: The elements which form the foundation for the reserve study. Reserve components consist of those that are maintained and repaired by the association. COMPONENT INVENTORY: The task of identifying and measuring reserve components by visual observation, review […]

Living in a State of Readiness: Hurricane Season in Florida by Kathy Danforth The standard Florida forecast of sun is facing its annual potential interruption by extreme wind and water events. Being spared a major hurricane for a period of years, plus the reading of statistics and probabilities with a little weariness thrown in, can […]

Manager’s Report Whoever heard of such a thing? That a manager should inspect the trusses of a clubhouse roof or that a manager should know the condition of the trusses before its purchase by the association? Are you kidding? And you are going to sue me because the roof caved in, and you think it’s […]