Question:
If you have bad weather and trees & limbs are blown down , are you allowed to remove money from the reserves to pay for the cleanup?
– Gary
Answer:
Hi Gary,
The reserve funds are usually used for emergencies, which may include repairs and maintenance work necessary as a result of severe weather conditions. However, kindly review the governing documents to verify whether or not there are restrictions regarding how the HOA can use its reserve funds. For further guidance, kindly consult a lawyer.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
