Answer: A professional Reserve Study provides the blueprint for asset replacement 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.
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For developers, 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. Homeowner association management services also available.Learn More
We often consult with developers on issues relating to community association operations, particular during the period of developer control, plus services to register projects for sale, as needed.Learn More