An important task for boards is building a strong and healthy reserve fund – even if the methods are unpopular.
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returned by “Reserve Funds”
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Leading the Way: Board President Russell Raman, 230 E. 50th St.
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Leading the Way: Board Secretary Mary Kerr, 427 St. Johns Pl.
What happens when your management company absconds with your reserve fund?
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A Co-op Consolidates – and Protects – Its Reserve Fund
An Ultra Money Market bank account offers co-op and condo boards FDIC insurance beyond $50,000.
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Trouble Can Be an Enticing Challenge to a Manager
Two fixes are a realistic budget and a healthy reserve fund.
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How to Use a Reserve Study
A reserve study is a budgeting tool that can help boards plan for building system replacements.
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Your Dream Come True Could Turn Into a Nightmare
Not raising maintenance over the long term is not always something to boast about.
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Are Your Reserve Funds Being Properly Handled?
If a board member personally invests co-op funds, watch out.
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The Reserve Fund
The reserve fund: you have one, what do you do with it?
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Turnaround
After a decade of problems, a feisty New Jersey board takes charge.
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Home of the Permanent Assessment
It’s a new wrinkle on maintenance, but is it fair or foul?
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