Los Angeles

  HOA Management    

J & N REALTY, INC.

Time-Honored Quality & Commitment Since 1993

- Primus Inter Pares -  

 

           ~ first among equals 

 
 

Professionals Hired to Conduct Reserve Study  

 

          Many condominium associations hire professional reserve study providers to conduct a reserve study for the HOAs.   

 

          A reserve study is a complex document that projects when numerous major components—like the roof, parking lot, or tennis court—will need to be replaced, what they will cost and how much we need to set aside each year to pay for the various components at the necessary time.  Preparing it requires a unique combination of specialized engineering knowledge, a keen understanding of financial projecting and savvy investing skills. 

 

          Professional reserve study providers are extensively trained before they are considered qualified to perform competent reserve studies tailored for each community.  These professionals have met stringent requirements and are held to high standards.  They have a thorough knowledge of common interest developments, HOAs, and community associations, and can provide the board with sound guidance.  

 

          Reserve studies must conform to the National Reserve Study Standards of the Community Associations Institute and applicable state law.  

 

          Board must take their fiduciary responsibility very seriously—they have to be good stewards of the homeowners associations’ money.  By hiring these professionals, boards can be confident they have done the right thing. 

J & N Realty Inc. -- Property Management Services Real Estate Condominium Homeowner Association Townhouse Townhome HOA Condo Common Interest Development  > Articles III. > Professionals Hired to Conduct Reserve Study

We do the difficult immediately; the impossible takes a little longer

● PROPERTY MANAGEMENT
● CONDOMINIUM ADMINISTRATION
● HOA MANAGEMENT PROGRAM
● HOMEOWNERS ASSOCIATION SERVICES
● HOA FINANCIAL OPERATIONS
● PLANNED UNIT DEVELOPMENTS
● COMMON INTEREST DEVELOPMENTS
● HOA MAINTENANCE OPERATIONS
● HOA QUALITY OF SERVICE
● - Clarifying the Manager’s Role
● - Checklist for Identifying Deficient Management
● - Small Claims Court Actions
● - Compare Your Rent
● - Model Code of Ethics for Homeowners Association Board Members

It is the fate of the Property Manager to toil at the lower employments of life; to be rather driven by the fear of evil than attracted by the prospect of good; to be exposed to censure without hope of praise; to be disgraced by miscarriage or punished by neglect, where success would have been without applause and diligence without reward. While others may aspire to praise, the Property Manager can only hope to escape reproach, and even this negative recompense has yet been granted to very few.





 

 

 

 

HOA Board Members may request log-in information to our Members Only area, which is packed with lots of very unseful information cannot be found anywhere else on the web
 

As Property Managers, we all have learned primarily

through our mistakes and pursuits of false assumptions

rather than by our exposure to fountains of wisdom and 

knowledge.

 


© J & N Realty, Inc. All Rights Reserved