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Reserve Fund Study
A reserve study is a long-term capital budget planning tool which identifies the current status of the reserve fund and a stable and equitable funding plan to offset ongoing deterioration, resulting in sufficient funds when those anticipated major common area expenditures actually occur. The reserve study consists of two parts: the physical analysis and the financial analysis. This document is often prepared by an outside independent consultant for the benefit of administrators ( Board of Directors or Strata Council Members) of a property with multiple owners, such as a condominium association or homeowners' association (HOA), strata, containing an assessment of the state of the commonly owned property components as determined by the particular association's covenants, conditions, and restrictions (CC&Rs) and bylaws. Reserve studies however are not limited only to condominiums and can be created for any "common interest community" (CIC) properties such as resort ( shared vacation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Budget
Capital budgeting in corporate finance is the planning process used to determine whether an organization's long term capital investments such as new machinery, replacement of machinery, new plants, new products, and research development projects are worth the funding of cash through the firm's capitalization structures (debt, equity or retained earnings). It is the process of allocating resources for major capital, or investment, expenditures. An underlying goal, consistent with the overall approach in corporate finance, is to increase the value of the firm to the shareholders. Capital budgeting is typically considered a non-core business activity as it is not part of the revenue model or models of most types of firms, or even a part of daily operations. It holds a strategic financial function within a business. One example of a firm type where capital budgeting is plausibly a part of the core business activities is with investment banks, as their revenue model or models re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Fund Study
A reserve study is a long-term capital budget planning tool which identifies the current status of the reserve fund and a stable and equitable funding plan to offset ongoing deterioration, resulting in sufficient funds when those anticipated major common area expenditures actually occur. The reserve study consists of two parts: the physical analysis and the financial analysis. This document is often prepared by an outside independent consultant for the benefit of administrators ( Board of Directors or Strata Council Members) of a property with multiple owners, such as a condominium association or homeowners' association (HOA), strata, containing an assessment of the state of the commonly owned property components as determined by the particular association's covenants, conditions, and restrictions (CC&Rs) and bylaws. Reserve studies however are not limited only to condominiums and can be created for any "common interest community" (CIC) properties such as resort ( shared vacation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Condominium
A condominium (or condo for short) is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex itself, as well as each individual unit within. Residential condominiums are frequently constructed as apartment buildings, but there are also rowhouse style condominiums, in which the units open directly to the outside and are not stacked, and on occasion "detached condominiums", which look like single-family homes, but in which the yards (gardens), building exteriors, and streets as well as any recreational facilities (such as a pool, bowling alley, tennis courts, and golf course), are jointly owned and maintained by a community association. Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the proper ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business. Property management is the management of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition. An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then advertise th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Community Associations Institute
The Community Associations Institute (CAI) is an international trade association and special interest group headquartered in Falls Church, Virginia, with more than 60 chapters in the United States that asserts that it provides "education and resources to the volunteer homeowners who govern community associations", and provides petitions for legislative and regulatory beneficence for its members. Since CAI was founded in 1973, the organization has sought to be the people that build and service common interest developments (CIDs), in order to become a significant force in interest group politics in many states. According to Evan McKenzie, they are dominated by lawyers and property managers that have shaped legislative and judicial policy making to prevent meaningful regulation of CID activity, and to keep the discourse on such matters largely private. In the absence of legislative regulation or oversight perceived as meaningful to their objectives, the idea of residential priva ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RFA Pro
RFA may refer to: Government and private organizations * Radio Free Asia, a private news broadcaster and publisher in East Asia, funded in part by the U.S. government * Renewable Fuels Agency, a former UK renewable fuel regulatory agency * Renewable Fuels Association, a body representing the U.S. ethanol industry * République fédérale d'Allemagne, the French acronym for the Federal Republic of Germany * Rocket Factory Augsburg, a German New Space start-up located in Augsburg. Military * Royal Field Artillery, a unit of the British Army from 1899 to 1924 * Royal Fleet Auxiliary, a civilian-crewed fleet owned by the United Kingdom's Ministry of Defence Sports * Restricted free agent, in professional sports * Resurrection Fighting Alliance, a former mixed martial arts promotion based in the United States * Rugby Fives Association, the governing body for the sport of Rugby Fives Other uses * Radiofrequency ablation, a medical procedure in which tissue is burned away using ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated Reserve Planners Of Canada
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Associated may refer to: *Associated, former name of Avon, Contra Costa County, California * Associated Hebrew Schools of Toronto, a school in Canada *Associated Newspapers, former name of DMG Media, a British publishing company See also *Association (other) *Associate (other) Associate may refer to: Academics * Associate degree, a two-year educational degree in the United States, and some areas of Canada * Associate professor, an academic rank at a college or university * Technical associate or Senmonshi, a Japa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Generally Accepted Reserve Study Standards
GeneRally is a freeware racing game developed by brothers Hannu and Jukka Räbinä from Finland. Although it features a 3D graphics engine, Gene Rally has a top-down perspective. It has a similar art design to games such as Super Sprint and Slicks 'N' Slide. Gameplay Up to six cars (either human or computer-controlled by AI) can race at the same time on a track. The game offers three game modes time trial mode (the player will go around the track around 3 times or more.), race mode (against next 15 human or artificial opponents) and championship mode (season of several races). The game has a basic damage model along with tire wear and fuel consumption causing the necessity of pit-stops during the race. All the settings of the game are fully customizable (including details like separate adjustable AI level of every single AI opponent or points awarding system of the held championship). Multiplayer ''GeneRally'' does not support online or local (LAN) play. However, up to 6 hum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Capital Budgeting Institute
International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The Three Degrees album), 1975 *''International'', 2018 album by L'Algérino Songs * The Internationale, the left-wing anthem * "International" (Chase & Status song), 2014 * "International", by Adventures in Stereo from ''Monomania'', 2000 * "International", by Brass Construction from ''Renegades'', 1984 * "International", by Thomas Leer from ''The Scale of Ten'', 1985 * "International", by Kevin Michael from ''International'' (Kevin Michael album), 2011 * "International", by McGuinness Flint from ''McGuinness Flint'', 1970 * "International", by Orchestral Manoeuvres in the Dark from '' Dazzle Ships'', 1983 * "International (Serious)", by Estelle from '' All of Me'', 2012 Politics * Political international, any transnational organization of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Building Inspector
A building inspection is an inspection performed by a building inspector, a person who is employed by either a city, township or county and is usually certified in one or more disciplines qualifying them to make professional judgment about whether a building meets building code requirements. A building inspector may be certified either as a residential or commercial building inspector, as a plumbing, electrical or mechanical inspector, or other specialty-focused inspector who may inspect structures at different stages of completion. Building inspectors may charge a direct fee or a building permit fee. Inspectors may also be able to hold up construction work until inspection has been completed and approved. Some building inspection expertises like facade inspections are required by certain cities or counties and considered mandatory. These are to be done by engineers and not by contractors. An example of a city that adopted this law is Quebec followed by a fatal incident that occur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Appraiser
An appraiser (from Latin ''appretiare'', "to value"), is a person that develops an opinion of the market value or other value of a product, most notably real estate. The current definition of "appraiser" according to the Uniform Standards of Professional Appraisal Practice (USPAP) is: "One who is expected to perform valuation services competently and in a manner that is independent, impartial and objective." USPAP further comments on this definition: "Such expectation occurs when individuals, either by choice or by requirement placed upon them or upon the service they provide by law, regulation, or agreement with the client or intended users, represent that they comply." To be a real property appraiser in the United States, an individual must be licensed as an appraiser by the state in which they practice. This real property appraisal license is based on a background investigation, an understanding of USPAP and compliance of all associated state laws and regulations. Appra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Architect
An architect is a person who plans, designs and oversees the construction of buildings. To practice architecture means to provide services in connection with the design of buildings and the space within the site surrounding the buildings that have human occupancy or use as their principal purpose. Etymologically, the term architect derives from the Latin ''architectus'', which derives from the Greek (''arkhi-'', chief + ''tekton'', builder), i.e., chief builder. The professional requirements for architects vary from place to place. An architect's decisions affect public safety, and thus the architect must undergo specialized training consisting of advanced education and a ''practicum'' (or internship) for practical experience to earn a license to practice architecture. Practical, technical, and academic requirements for becoming an architect vary by jurisdiction, though the formal study of architecture in academic institutions has played a pivotal role in the development of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
