From Planning to Savings: Your Guide to Reserve Budgets [Webinar]
Presented by True Property Inspections with a guest speaker, attorney Alan Schwartzseid, BCS, from Kaye Bender Rembaum, P.L. Course provided by True Property Inspections.
Navigate the complex world of reserves and strategic project planning with confidence. Join as we discuss the basics of your reserves, how to interpret your SIRS or reserve study, and tips to make your reserves work for you.
The instructors will walk you through a sample SIRS report, breaking down the key terms and numbers that will impact your reserves for the next 25 years. Key takeaways will include:
- How Florida’s SIRS and Milestone Inspection mandates influence your reserves
- Legal requirements for reserves and how they play a role in futureproofing your community
- How to determine your annual reserve deposits
- Major factors during project planning that influence cost
The decisions you make today will shape the financial health and structural integrity of your community for decades to come. This webinar will empower you to make informed decisions, optimize your reserve funding, and secure your community’s financial future.
Condo Board Member Certification
Note 1: The DBPR Division of Florida Condominiums, Timeshares & Mobile Homes requires that all Board Members who attend must conduct their own webinar registration and, on the day of the webinar, log in/join in on their own, with their own unique link (or phone in information) provided by Zoom. This must take place even if you watch with other people. This assures you will appear on the attendance sheet, providing proof of attendance.
Note 2: This is a course for Board Members of a Condominium Association. If you are a Board Member for a Homeowners’ (HOA) or a Cooperative, this class will NOT satisfy your state requirement.
Hosted by GRS Community Management. KBR Instructors: Lisa A. Magill, Esq. BCS and Danielle M. Brennan, Esq. BCS
Managers and board members will receive a comprehensive education of the statutory requirements and responsibilities that each volunteer must know to more effectively serve on the Board of Directors of a Condominium Association.
Students will be able to demonstrate their familiarity with the responsibilities of being an effective Director for their Condominium Association including a better understanding of: (a) milestone inspection requirements; (b) structural integrity reserve study requirements; (c) elections; (d) record keeping; (e) financial literacy and transparency; (f) levying of fines; (g) notice and meeting requirements; (h) conflicts of interest; and (i) insurance requirements.