Reserves - Hoa Management .com

This topic has 2 replies, 3 voices, and was last updated 2 years, 11 months ago by kris10xoxo.

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December 14, 2021 at 4:10 pm #369769

BarbC
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Is there a maximum amount that an HOA can hold in reserves in Missouri?

January 11, 2022 at 2:44 am #370088

wicked_oz
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Dont think theres a maximum amt for reserves anywhere

January 11, 2022 at 2:48 am #370089

kris10xoxo
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Hi BarbC,

I don’t believe there is a maximum amount that an HOA can hold in reserves. Most HOAs actually have underfunded reserves. The optimal level is to have it at least 70% funded. Do you believe your HOA has reached that level?
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