by John Rod | Jul 31, 2024 | Reserve Studies
IT’S BUDGET SEASON! One of the most crucial components of any community association budget is the Reserve Fund. This portion of the budget covers the amount of money your community needs to save throughout the year to meet the target funding percentage. Proper reserve... 
by John Rod | Jun 24, 2024 | Building & Site Inspections, Reserve Studies
On January 8, 2024, Governor Murphy signed into law new legislation, bill S2760 and A4384, that will significantly impact community associations throughout New Jersey. These laws address two critical areas: building inspections and reserve funding. This legislation... 
by John Rod | May 16, 2024 | Reserve Studies
During the National CAI Community NOW Conference, held on May 9th, 2024, in Las Vegas, Mitch Frumkin, PE, RS, a long-time member of the Community Associations Institute (CAI) and past president of multiple CAI chapters, was presented with the prestigious CAI... 
by John Rod | Jan 26, 2024 | Reserve Studies
In the ever-changing landscape of property ownership, Florida’s condominiums and co-ops face a paradigm shift with the implementation of the Condo Safety Bill, signed into effect by Governor Ron DeSantis on May 26, 2022. As of December 31, 2024, condos (FL... 
by John Rod | Jun 30, 2023 | Bidding & Contract Administration
Blueprints play a vital role in many of the major capital needs projects an Association faces. The ability to read and understand blueprints is critical and gives managers and board members an edge when navigating through the various phases of these projects....