Reserve Fund Essentials (RFE) has been written to deliver a wealth
of real-life practical know-how and insights. It focuses
principally on the creation and maintenance of reserve plans for
co-owned buildings and properties. These include condominiums and
townhouses as well as developments often referred to a homeowners'
associaltions, gated communities and managed properties. Membership
facilites, such as golf clubs, lodge organizations and religious
institutuions will also find RFE of value. RFE includes material on
setting up and working with properties' operating budgets. One of
the main thrusts of RFE is on the establishment of adequate
balances in reserve funds and in operating budget accounts. RFE
will appeal to the co-owners of units in the just-described
properties. Co-owners are often quite unfamiliar with decisions
that affect their funding or operating fee-contributions.
Professional service providers including reserve planners, property
managers, and accountants will also find the coverage in RFE
useful, not only for their own edification but also to help explain
these areas to their clients. RFE has been widely accepted by
readers in the United Staes and in Canada as a source of solid,
easy-to-understand material and useable opinions and advice.
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