While reserve fund studies are conducted for financial budgeting purposes to ensure that sufficient funds are available throughout the life of a project, a Reliance reserve plan is so much more than that – It’s our commitment to assure that we’re maximizing our client’s most valuable assets.
As part of our comprehensive process, we are determined to offer Boards funding options based on detailed and relevant information, including historical funding patterns, current reserve requirements, annual contribution and a variety of other data. We place the utmost emphasis on communicating with Boards to not only provide an uncomplicated, transparent process, but to provide them with a solid base for future planning.
This helps us develop and set a realistic and sufficient level of funding that meets the property’s needs and satisfies both the Board and its clients. It is because this approach Reliance is often referred by our industry partners as a reliable provider that understands the condominium market and the ramification of reserve fund study.