A good reserve study will encompass all of the common area maintenance areas such as paving, walkways, siding, fences, pools, clubhouses, i.e. anything not part of the units.

Q. Our 40-unit, 3- year-old condominium has just taken control of the board from the builder. We have hired an engineering company to do reserve and transition studies. What types of repairs will t… ...

In addition to the reserve study requirement, the DUCIOA addresses many other topics essential to successful planned communities, including bylaws, development rights, liens and insurance.

We fund it 100 percent at $35,000 per month, as recommended in our study. Advertisement Global warming is a challenge, but one that boards could handle within the replacement reserve study framework.

A. Reserve studies are the most common tool used by condominium boards to understand the estimated remaining useful life of common element components, which information is then used by the board ...