The Sapphire Webinar Series showcases our Sapphire management companies with a monthly, one-hour Zoom webinar focused on topics that matter most to homeowners and their communities. Each session is taught by industry leaders and designed to inform, educate, and empower attendees.

Course Description: Over 70% of community associations are underfunded—and a legislative wave is sweeping the nation. States across the country are tightening reserve funding requirements, with more expected to follow. If you serve on a condominium association or homeowners association board of directors, you want to be paying attention to how these changes may affect your fiduciary responsibilities and your community's long-term financial obligations.

If your association is among the majority facing this challenge, you're not alone. But understanding where you stand—and what to do about it—is critical to protecting your community's financial health and property values.

We'll walk through exactly what you need to know about:

• Understanding what your reserve study is really telling you—including how to calculate your "percent funded" status and what it means for your community
• Why underfunding leads to special assessments, deferred maintenance, declining property values, and difficulty for owners trying to sell or refinance
• Planning major repairs and replacements without surprise assessments
• Building up reserves while keeping regular assessments reasonable
• Managing capital projects successfully from start to finish

You'll leave knowing exactly how to evaluate your community's long-term financial health, what your percent funded figure reveals, and what steps to take next.

 Pricing:
     CAI-Georgia Members: No Cost!
     Future Members: $15