Who We Are

Independent. Local. Experienced. These values set us apart as an Arizona Reserve Study Company. We specialize in developing accurate, easy-to-read Reserve Studies for Homeowners Associations (hoa) and Condominium Associations.

What Is A Reserve Study?

A Reserve Study is a budget planning tool that identifies the current status of Reserve Funds and recommends a stable and equitable Funding Plan to offset future costs for repairs and replacements of physical assets.

Condo Association Reserve Fund Guidelines

Condo Association Reserve Fund Guidelines

Do we have enough or too much money in our reserve account? To answer this question, we should begin by explaining the method by which an association’s reserve funds are measured. Percent funded as defined by National Reserve Study Standards is “The ratio, at a particular point of time (typically the beginning of the Fiscal…

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How often should a Reserve Study be updated?

How often should a Reserve Study be updated?

A Reserve Study is a budgeting tool that assess the financial and physical health of associations. One of the responsibilities of the Board of Directors, is to act in good faith and in the interest of and for the benefit of the association. This would include managing association financial matters today and in the future.…

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Dry Wells in the Reserve Study

Dry Wells in the Reserve Study

Dry Wells are designed to collect and dispose of storm water by allowing water to percolate into subsurface soils above the aquifer. All dry wells in Arizona must be registered with the Department of Environmental Quality. They are considered common area components and maintenance responsibility generally falls on the HOA. With regular maintenance and repairs, dry…

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HOA Reserve Fund Laws: A Beginner’s Guide

HOA Reserve Fund Laws: A Beginner’s Guide

This article provides a brief guide about hoa reserve fund laws. You will find answers to common questions such as: Is a reserve fund required? How can we spend reserve funds? Is there a law requirement for how much should be in the reserve fund account? HOA reserve fund laws vary by state. This article…

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What is Percent Funded?

What is Percent Funded?

Do we have enough or too much money in our reserve fund account? This is a very common question board members and homeowners ask. In this article we will explain what percent funded level is and how to understand how it applies to reserve strength. First, if you don’t already have a Reserve Study, you…

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