Home  •  About  •  Terms of Use  •  Login  •  Register
 Homeowner Account Web Portal



 Main Menu


Document Downloads


Main : Documents >> 

Documents
Download Now! Reserves Study Popular Submitted Date:  6.14.2017

Description:  Reserves are the money an association accrues over time to pay for future repairs and replacements of community assets. A Reserve Study is an in-depth analysis of both the physical components and the financial status of the association's long term funding & planning. Among other things, a Reserve Study provides a savings plan which allows you to make small monthly contributions to your reserve account in order to have sufficient funding available when each asset needs to be repaired or replaced. Special assessments, which are often substantial and usually unfairly apportioned, are no longer required each time an asset needs replacement. And there's no guessing as to how long a component will last or how much it will cost.
Downloaded 131 times 131  Views   File Size 969.52 KB   Format Get Adobe Acrobat Reader
Rating: 0.00 (0 votes)
Rate this File | Report Broken File | Tell a Friend


 Coming events
  27th February
HOA Board Meeting


  27th March
HOA Board Meeting


  24th April
Annual Meeting of Homeowners


  22nd May
HOA Board Meeting


  26th June
HOA Board Meeting


4 additional events

 

Terms of Use and Privacy
Copyright 2004-2015 Alterra Homeowners Association
This site best viewed at 1024 x 768 screen resolution