Reserve Studies

Building a Safer Tomorrow: Understanding the Updated Reserve Study Standards

It’s your association. As a manager or board member, your job is to lead the association forward. To do so,…

6 months ago

Reserve Study Standards

The purpose of the Reserve Study Standards is to inform and guide the reserve study provider, such as a Reserve…

6 months ago

New Proposed Michigan Bill Will Require Condominiums Conduct Reserve Studies

HB 5019 is a new bill pending in the Michigan House that will require condominium associations in the state to…

6 months ago

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…

7 months ago

How Much Does a Reserve Study Cost?

This is often one of the first questions a board asks when they are presented with the topic of reserve…

7 months ago

New Reserve Study Standards (CA)

The primary duty of an association is to maintain, repair, and replace the common areas. That is why they are…

7 months ago

SB 154 New Reserve Requirements and Exceptions For Condominium Associations (FL)

The new law, SB 154, passed in 2023, the following language was enacted, “In a budget adopted by an association…

7 months ago

What You Need to Know About Florida New (2023) Senate Bill 154: Structural Integrity Reserves (SIRS) Studies

Florida Senate Bill 154 has been signed into law and brings significant changes to Structural Integrity Reserves (SIRS) studies, a…

8 months ago

Condo Column: The proper Reserve Study (CT)

Last time I explained why the need for a Reserve Study exists. This time, some ideas of what you should…

8 months ago

HOA Reserve Studies: How to Use Reserve Study Data to Plan for Changing Economic Conditions

Homeowners Associations (HOAs) play a crucial role in maintaining the value and functionality of communities. Part of this responsibility involves…

8 months ago