The Component List serves as the foundation of a Reserve Study by spelling out the scope & schedule of all necessary repairs & replacements. In this eBook, you'll learn: Component List basics; Components to include; Useful life and cost information; Importance of updating; Why Reserving is important.

Reserve Fund Strength is a calculated ratio that compares the actual amount in Reserves to the current value of Reserve Component deterioration. In this eBook, you'll learn: How much is enough for your Association; Fully Funded Balance basics; What Percent Funded means and how to calculate it; Why Percent Funded matters.

The Funding Plan is a calculated plan of regular monthly assessments and/or special assessments necessary to perform common area repairs & replacements in a timely manner.