Articles

Reserve Disclosures; the Lending “Blacklist” Apr 14, 2025

Kelly G. Richardson, Esq. CCAL, HOA Homefront Column 

[Part 3 of a series]

Despite great efforts to lessen the problem, too many HOAs still have inadequate reserve fund savi...

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Questions regarding Reserves Part 2 Apr 07, 2025

Kelly G. Richardson, Esq. CCAL, HOA Homefront Column

Question: Can major landscape renovation use reserve funds when too little funds are available as a line item? M.K., San ...

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Reader Questions Regarding Reserves: Part 1 Mar 30, 2025

Kelly G. Richardson, Esq. CCAL, HOA Homefront Column

Mr. Richardson: Your column is a valuable service to homeowners in HOAs. Our HOA reserves for replacement are severely un...

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Required Reserve Funding – Is there a Standard? Can We Fund With Transfer Fees? Can We Spend Reserve Funds on Insurance? Nov 19, 2024

By Kelly G. Richardson, Esq., CCAL, HOA Homefront Column

Mr. Richardson – Our HOA reserves for replacement are severely underfunded.  The board recognizes this deficit and is...

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What If Our Reserves Are Zero? Jun 25, 2023

By Kelly G. Richardson, Esq.

Dear Kelly: What happens if the reserves go to zero? What is insolvency? B.E., Tarzana

Dear B.E.: HOAs which fail to set aside money in their re...

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Reader Questions: How Should We Invest HOA Funds? Dec 06, 2021

By Kelly G. Richardson, Esq. CCAL


Mr. Richardson: HOAs face a financial issue with interest rates so low. My HOA and the vast majority of other HOAs play it safe with CDs a...

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