Reserve Studies

A reserve study is a budget-planning tool, arranged by a homeowners association, which is designed to explore the capacity of member contributions to a homeowners association to pay for the maintenance of elements that are shared among association members.

Reserve studies consist of two distinct analyses, which proceed in the following order:

Why are reserve studies helpful?

How much do reserve studies cost?

The cost of a reserve study is affected by the following factors:

In summary, a reserve study is a formal assessment of the contributions required by members of a homeowners association to offset the costs over time of maintaining shared elements.

Let us help you determine if a reserve study would be appropriate. Contact us now to discuss further.