Technically, reserve studies ARE advisory – but they statutorily created reports, which are supposed to guide HOAs toward protecting themselves from the fact of deterioration of assets.

A: The reserve fund is established so that the homeowners association (HOA) can build up money to offset the ongoing deterioration of common area components included in the HOA’s reserve study ...

A: The reserve fund is established so that the homeowners association (HOA) can build up money to offset the ongoing deterioration of common area components included in the HOA’s reserve study ...

A: The reserve fund is established so that the homeowners association (HOA) can build up money to offset the ongoing deterioration of common area components included in the HOA’s reserve study ...

A: The reserve fund is established so that the homeowners association (HOA) can build up money to offset the ongoing deterioration of common area components included in the HOA’s reserve study ...

Q: Although a 2-story condominium community is not subject to the milestone inspection report or the structural integrity reserve study, we are still required to have reserve for pavement ...