Reserves
Deferred maintenance
Deferred maintenance is repair work that was postponed to save money in the short term. Small delays can turn into expensive emergencies and lower property values. Reserve planning exists to fund maintenance before components fail.
These definitions are for general education only. They are not legal, financial, or tax advice. HOA rules vary by community and location—confirm details against your governing documents and qualified professionals before you act.
Your community, simplified.
Start managing your HOA on Fourplex — plans from $29/month for small, self-managed communities.
Get started