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

— -- A study by the Boston Federal Reserve Bank says that 78 money market mutual funds had to seek help from their sponsors to keep from having their share prices drop below a dollar from 2007 to ...

A Tampa condo roof caves in mid-hurricane season. No reserve fund. No backup plan. Just angry emails, emergency fees, and a board scrambling to stay afloat. Now flip it: same storm, but the fix is ...

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 ...