Sample reports are available in Adobe Acrobat format

The Board of Directors of an association has a legal and fiduciary duty to maintain the community in a good state of repair. Individual unit property values are significantly impacted by the level of maintenance and upkeep provided by the association.

A prudent plan must be implemented to address the issues of long-range maintenance, repair and replacement of the common areas. A “healthy” reserve fund is essential to protect and maintain the association’s common areas and the property values of the individual unit owners.