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Tag Archives Pooled Reserve

Procedure To Convert To Pooled Reserves
Q & A

Procedure To Convert To Pooled Reserves

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Q: Can a condominium association board vote to convert from straight-line reserves to pooled reserves without a membership vote?  R.F. via e-mail

A: “Cash flow” funding of condominium reserves, often referred to …

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Board Talking About Switching Over to “Pooled” Reserves
Q & A

Board Talking About Switching Over to “Pooled” Reserves

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Question: Our board of directors has been talking about switching over to “pooled” reserves. Can you explain what this means?

L.A. (via e-mail) Answer: The concept of funding condominium reserves …

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