National Reserve Study Standards Published by the Community Associations InstituteJanuary, 2011 General InformationReserve StudyA Reserve Study is made up of two parts, 1) the information about the physical status and repair/ replacement cost of the major common area components the association is obligated to maintain (Physical Analysis), and 2) the evaluation and analysis of the association’s Reserve Read More …
How to Present a Reserve Study
How to Present a Reserve Study By David Hodges NOTE: This article explains how to present the SMA Reserves’ Reserve Study Report to board members or owners. For a full sample of our Reserve Study Report please Click Here.Reserve study reports can often be confusing for homeowners, boards, and even professional managers. Even the most Read More …
Annual Accrual and the Fully Funded Balance
Annual Accrual & The Fully Funded Balance We have to set aside how much?? By David Hodges A Reserve Study is only an effective budget and planning tool if the board members and property manager are able to fully understand the information provided in it. Many people quickly look at the charts of numbers and Read More …