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White Paper

Community Association Reserve Funding - Pooled Method vs. Component Method

 

Community Associations require reserve funding be available for some common element items.

Reserve funds are needed for items that have a maintenance expense or replacement cost exceeding $10,000, such as for roof replacement, building painting, or pavement resurfacing. There are two methods to deal with reserve funding – pooled and component methods – and each come with their own set of pros and cons. 

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Community Association Reserve Funding - Pooled Method vs. Component Method

Agenda

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Community Association Reserve Funding - Pooled Method vs. Component Method

Faculty

Hans C. Wahl, Esq.

Hans C. Wahl, Esq.

Jimerson & Cobb, P.A.

  • Attorney with Jimerson & Cobb, P.A.
  • Main area of practice is Creditors’ Rights and Commercial Collections
  • Assists both small businesses and large corporations in protecting their legal, financial and contractual rights, specifically handling delinquent accounts and collections
  • Member of numerous professional organizations
  • Frequently speaks and writes on collections and bankruptcy issues
  • J.D. degree, magna cum laude, Florida Coastal School of Law; B.S. degree in business finance and business management, University of Florida
  • Can be contacted at 904-389-0050 or [email protected]
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Community Association Reserve Funding - Pooled Method vs. Component Method

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