FREQUENTLY ASKED QUESTIONS

Question: What is a Reserve Study?
Answer: A professional Reserve Study provides the blueprint for this planning. While board members change, a Reserve Study is a constant document that records decisions made and provides future projection planning. Reserve Studies should be updated on an annual basis with full on site inspection every three to five years. A key advantage to having a reserve study is to avoid surprised special assessments needed by the organization for replacements. The information provided in the Reserve Study is an invaluable tool for all association boards and having it prepared professionally is both time and cost effective.

 

 

 

 

 

 

 

Have a different question? Send us an E-mail


 
Learn more about our Homeowners Association services
Our services consist of consultation and assistance with document preparation, which typically include a declaration of covenants, conditions and restrictions, as well as the bylaws, articles and other related governing documents for the community association.
More


 
Learn more about our services for Clubs and Groupsservices.html
Reserve studies for asset repair and replacement for owner associations, developers and private clubs.
More


Learn more about our services for Developers
We often consult with developers on issues relating to community association operations, particular during the period of developer control, plus services to her your project registered for sale, as needed.
More


Billing Rates & Policies  I  Managing Associates  I  Site Map  I  Our Clients  I  Contact Us


2013 - Resort Resources, Inc., 5 N.W. Greenwood Ave., Bend, OR 97701, For mail use: P.O. Box 1466, Bend, OR 97709
P: 541-383-1586 F: 541-383-3307   -   Website designed & maintained by
Content Solutions