What is the purpose of the reserve study
Whether you live in a condominium, a homeowners association, or any community with shared amenities and common areas, you’ve probably heard of a reserve study. But what exactly is it, and why is it essential? A reserve study plays a crucial role in ensuring the financial health and sustainability of these communities. In this blog, […]
Reserve Study – Pricing and Cost
A reserve study is a vital document crafted for an association-governed community that aims to protect the properties and their integrity. The purpose of conducting a reserve study is to evaluate the state of common areas and identify as well as address building infrastructure problems. The study thoroughly examines wall covering, flooring, and fixtures of […]
