Community Associations require reserve funding be available for some common element items.
Reserve funds are needed for items that have a maintenance expense or replacement cost exceeding $10,000, such as for roof replacement, building painting, or pavement resurfacing. There are two methods to deal with reserve funding – pooled and component methods – and each come with their own set of pros and cons.
Agenda
Faculty
Hans C. Wahl, Esq.
Cobb & Gonzalez, P.A.
- Attorney with Jimerson Birr, P.A.
- Main area of practice is creditors’ rights and commercial collections
- Assists both small businesses and large corporations in protecting their legal, financial and contractual rights, specifically handling delinquent accounts and collections
- Member of numerous professional organizations
- Frequently speaks and writes on collections and bankruptcy issues
- J.D. degree, magna cum laude, Florida Coastal School of Law; B.S. degree in business finance and business management, University of Florida
- Can be contacted at 904-389-0050 or [email protected]
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