Reserve Study Information - Setting the level of dues. by miller dodson associates

you know i think it's an excellent question as a board member you need to be concerned about the level of dues being charged in your community especially in today's real estate market we don't want the level to go so high that your communities that much less competitive the next community down the road it's important that we understand that we have to charge adequate dues so that everybody's paying an equitable share towards the eventual replacement of these commonly owned assets and we also want to understands that the reserve study is intended to protect preserve and enhance not only the quality of the physical assets within the community but also the investment that each owner's made in the community the reserve study should get your questions and solve problems it shouldn't create problems that's one of the reasons why Miller Dodson feels that it's very important offer these continued services so that we can work with the community to come up with viable funding strategies so that the way we approach these eventual reserve goals meets the needs of the communities and doesn't create significant financial issues