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Continuing Education
Live Session
2025 Legal Update Seminar is a 2 hour course that will provide you with the Legal Update credit.
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What You’ll Learn:
This course provides a comprehensive overview of reserve and replacement fund management for community associations, focusing on financial planning, compliance, and long-term asset preservation.
Statutory requirements and Florida Administrative Code rules.
Budgeting strategies and funding calculations.
Straight-line vs. pooled reserve methods.
Tax implications, accounting practices, and waiver options.
Designed for association managers and board members, this course equips you with the tools to make informed, financially sound decisions and ensure full regulatory compliance.
Understand Florida Statutes & Administrative Code.
Gain clarity on the legal framework governing reserves and structural integrity studies for community associations.
Learn Reserve Assessment Methods.
Explore both straight-line and pooled funding approaches to effectively plan for future capital expenses.
Explore Reserve Accounting & Tax Implications.
Understand key financial reporting practices and how tax considerations impact compliance and transparency.
Evaluate Reserve Waiver Options.
Learn how waiving or reducing reserves affects long-term financial health and what your board should consider before making that decision.
Course Instructor
President of Gray Systems, Inc.
About Me
Fred Gray, founder and President of Gray Systems since 1988, is recognized as Florida’s leading authority in Community Association Management (CAM) education. Under his leadership, Gray Systems has become a trusted name in continuing education for CAM professionals and licensed contractors statewide.
This course is tablet and iPad-friendly.
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Ⓒ 2025 All rights reserved. Gray Systems, Inc.
