Maine Condo Forum
Saturday, September 19, 2026
8:00 am - noon
Portland Sheraton at Sable Oaks | South Portland, ME
Registration Fee: By September 5th Members $45 | Non-Members $75
After September 5th Members $65 | Non-Members $95
ATTENTION MANAGERS
This program has been approved for 3 hours continuing education for CMCA.
SCHEDULE
Registration
Breakfast with Sponsors and Speakers
*Registration fee includes buffet breakfast
New Fannie Mae & Freddie Mac Condo Rules
What Maine Boards Need to Do Now
Rebecca Shiland, Esq.
Jon Sevigney
Elizabeth Thompson, CMCA, AMS
What you'll learn:
-Why some ME condos may quietly become "unfinanceable" - how to tell if yours is at risk.
-How underfunded reserves could trigger sudden fee increases or special assessments.
-How recent changes to master insurance deductibles and HO-6 requirements could impact owners, lenders and future buyers.
-What questions every board should ask their insurance agent to ensure coverage aligns with the new standards.
-What the elimination of "limited review" really means for your future and unit sales.
-How to avoid getting flagged during lender reviews.
-The biggest mistakes board will make over the next 12-18 months.
-A practical roadmap to stay eligible without shocking owners with massive increases.
Reserve Studies Demystified
What Every Board Member, Owner and Manager Needs to Know
Jared Coggins, CMCA, AMS
Advanced Reserve Solutions, Inc.
Reserve studies are no longer just a financial planning tool — they are becoming an essential part of protecting condominium communities from unexpected costs, deferred maintenance, and financial instability. As buildings age, construction costs rise, and lending requirements become stricter, Maine condominium associations are facing increasing pressure to properly plan for future repairs and replacements. Yet many boards and owners still misunderstand what reserve studies actually do — and what can happen when reserves are underfunded.
Why this matters now:
Many condominium associations are relying on outdated studies, unrealistic budgets, or reserve balances that may not be sufficient for future capital projects.
In today’s environment:
-Rising construction and material costs are dramatically increasing replacement expenses
-Deferred maintenance can lead to larger repair costs and emergency special assessments
-Underfunded reserves may impact property values and financing options
-Lenders and insurers are paying closer attention to reserve funding and building conditions
-Maine weather conditions can accelerate deterioration of roofs, paving, siding, decks, and other common elements.
Reserve studies are no longer viewed as optional best practices — they are increasingly becoming standard expectations in the condominium industry.
REGISTRATION FEES
By September 5, 2026 Members $45/Non-members $75
After September 5, 2026 Members $65/Non-members $95
*Cancelations two weeks prior to program date may be refunded less a $25 cancelation fee.
No refunds will be issued within two weeks of program date.
