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Why would you need a larger reserve fund?

Why would you need a larger reserve fund?
asked 90.0k views
2 votes
Why would you need a larger reserve fund?

asked
User Henrique Goulart
by
8.0k points

1 Answer

2 votes

Answer:

Having a reserve fund allows the board to fund these expenses without having to raise association dues or resorting to special assessments.

Step-by-step explanation:

answered
User Brubs
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