What Constitutes “Adequate” Reserve Funding?

ISAACSON LAW BLOG What Constitutes “Adequate” Reserve Funding? What Constitutes “Adequate” Reserve Funding? NRS 116.3115 requires that a homeowners’ association establish: “adequate reserves, funded on a reasonable basis, for the repair, replacement and restoration of the major components of the common elements and any other portion of the common-interest community that the association is obligated […]