Question:
How do HOAs deal with ageing irrigation systems? Fix parts as they break or wear out or replace the whole system? Any rationale for either?
– John
Answer:
Hi John,
It depends on your HOA’s practices and the condition of the irrigation system altogether. Most associations set aside a reserve fund that is used to cover the cost of major repairs and replacements. To determine how much you must have in your reserves, it is necessary to have a professional conduct a reserve study. This study analyzes the condition of all the association’s assets and components in an effort to determine their remaining useful life and how much it would cost to repair or replace them. Whether or not you need to repair your irrigation system or replace it completely should depend on expert opinion. Have a professional do an inspection to know for sure.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
