Condominium Reserve Funds: How Much Is Enough?

By Tommy Duvall

In this article, Tommy Duvall discusses methodologies that are used to balance the need for a reserve fund and the need for lower condo fees. The purpose of a condominium reserve fund is to set aside cash in the anticipation of major repairs and replacements in the future. With a properly funded reserve fund special owner assessments are avoided. However high regular condo fees are undesirable. This article contains a spreadsheet method and a direct formula to predict future fund value. This edition adds the direct formula, additional comments about the use of HTML and submission to Amazon KDP.

• Format: Paperback
• Language: English
• ISBN: 1091075638
• ISBN13: 9781091075634
• Release Date: March 2019
• Publisher: Independently published
• Length: 41 Pages
• Weight: 0.25 lbs.
• Dimensions: 9.0" x 0.1" x 6.0"