In Florida, notably around Miami-Dade, homeowners associations typically rely on capital reserve study firms to execute comprehensive capital reserve studies for condo associations, guaranteeing a strong financial plan for upcoming upkeep. These financial evaluations help homeowners associations successfully handle their budgeting and prepare for future sustainability. https://southfloridareporter.com/avoiding-financial-pitfalls-why-hoas-in-florida-cant-ignore-reserve-studies/