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Скачать или смотреть 2025 HOA/Condo Academy Class #3: Role of Reserve Funds and Insurance in HOAs/Condos.

  • Mulcahy Law Firm, P.C.
  • 2025-03-31
  • 178
2025 HOA/Condo Academy Class #3: Role of Reserve Funds and Insurance in HOAs/Condos.
Community association lawArizonaAZPlanned Communitiescondominium associationsState of ArizonaReserveFundsInsuranceReserve Funds4-1-1Reserve StudyA.R.S. Sections 33-1806planned communities and A.R.S. Section 33-1260Protecting the association and boardPreventing Fraud and EmbezzlementDonald R.CresseyFraud TriangleMisappropriation of FundsWarning Signs of Potential FraudFinancial Controlsaccounting
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Описание к видео 2025 HOA/Condo Academy Class #3: Role of Reserve Funds and Insurance in HOAs/Condos.

Welcome to our 2025 HOA Academy Class #3: Role of Reserve Funds and Insurance in HOAs/Condos. In partnership with the cities of Avondale, Chandler, Glendale, Goodyear, Mesa, Peoria, Phoenix, Scottsdale, Surprise and Tempe.

Q&A for this class is here:    • 2025 HOA Academy Class #3 Questions & Answers  

00:00 Introduction
00:35 Neighborhood Services
00:45 Beth Mulcahy, Esq.
01:39 Class Topic
02:45 Poll
03:27 AZ Legislation
06:17 Poll Results
07:33 411 on Reserve Funds
08:11 Adequate Funds
08:29 What is a Reserve Study?
10:06 Reserve Study should provide.
13:33 Reasons to establish a reserve fund.
16:01 AZ doesn't require reserves or a reserve study.
18:50 REASONS FOR ESTABLISHING A
RESERVE FUND
21:09 ADEQUATE
RESERVE FUND
21:56 What Does a Reserve Study Cost?
24:02 WHAT SHOULD NOT BE
INCLUDED IN A RESERVE STUDY?
26:16 INSURANCE: PROTECTING THE
ASSOCIATION & BOARD OF DIRECTORS
38:34 Insurance: How Much is Enough?
39:13 Shopping for Insurance
40:00 INSURANCE:
Coverage to watch closely.
42:34 Insurance Tips
48:25 Preventing Fraud and Embezzlement
49:33 Perceived Opportunities
50:23 Fraud Triangle
52:29 Misappropriation
of Funds
54:14 Warning Signs of Potential Fraud
56:18 Accounting checks and balances are vital steps toward
protecting the association’s assets, but vigilance and
awareness are also needed.
57:42 Set aside time
for a full discussion of all financial matters
59:39 Checks and Balances
1:01:08 Be Aware, Vigilant, and Take Control.
1:01:14 Accounting and Financial Controls
1:06:53 Upcoming Classes and Seminars
1:08:46 Review and Feedback
1:10:13 Copyright 2025

Links and Cheat Sheets in this episode:
AZ Pending Legislation: https://www.mulcahylawfirm.com/2025-p...
Reserve Funds: https://www.mulcahylawfirm.com/public...
Insurance: Protecting your Association: https://www.mulcahylawfirm.com/public...
Yahoo Finance Insurers are Dropping HOAs:
https://finance.yahoo.com/news/insure...
Navigating the Insurance Crisis: https://advocacy.caionline.org/naviga...
Mulcahy Blogs: https://www.mulcahylawfirm.com/blog/
Tips for Preventing Theft and Fraud: https://www.mulcahylawfirm.com/public...
Upcoming Classes and Seminars:
https://www.mulcahylawfirm.com/upcomi...
Google Review link: https://g.page/r/CUaKxgS42hUKEB0/review
Yelp Review: www.yelp.com/biz/mulcahy-law-firm-phoenix

Mulcahy Law Firm, P.C.
3001 East Camelback Road, Suite 130
Phoenix, Arizona 85016
www.mulcahylawfirm.com
Phone: 602-241-1093
Fax: 602-264-4663

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