Reserves are not for routine work
Mr. Sharp | August 11, 2009
The “Associations” column below is reprinted by permission of authors Stephen Glassman and Donie Vanitzian.
Copyright S. Glassman and D. Vanitzian
(from July 12, 2009 L.A. Times)
STEPHEN GLASSMAN and DONIE VANITZIAN
Question: I live in California common-interest development of fewer than 50 condominiums. Our treasurer insists that money from the reserve fund that is used for replacing the [...]