Reserve Studies Made Simple
A reserve study is a budget planning tool that provides a detailed evaluation of a homeowners association’s common area assets and an analysis of its reserve funds. Physical Analysis
A reserve study provider performs an on-site inspection to evaluate the physical condition and repair/replacement cost of the association’s major common area assets. Financial Analysis
A reserve study provider performs an analysis of the association’s reserve fund to determine the reserve fund status (or percent funded). A stable reserve contribution rate (funding plan) is then calculated to offset future capital reserve expenditures.