Reserve Study Blog

/Reserve Study Blog

Assembly Bill 968 and Reserve Studies

June 8th, 2016|

AB 968 changes California Civil Code Section 4775 beginning January 1st, 2017.   This bill basically states that if an associations CC&R’s and Governing Documents are [...]

Escrow HOA Documents and Reserve Studies

February 5th, 2015|

When you enter escrow to purchase a condo you receive hundreds of pages of HOA documents.  These documents contain things like, CC & R’s, Bylaws, [...]

Can Reserve Funds be used to Pay for a Component that is not Listed in your Reserve Study?

January 15th, 2015|

Reserve funds can only be used to pay for repair and replacement of common area components.  Reserve funds can never be used to add a [...]

Should Plumbing and Pipes be Included in a Reserve Study

June 24th, 2014|

Many HOA clients often ask if plumbing and piping should be included in a reserve study. Some may say no because CAI national reserve study [...]

Investing Reserve Funds

May 9th, 2014|

There are no official standards for how hoa’s must invest reserve funds. California Civil Code does state “The board shall exercise prudent fiscal management in [...]

Should HOA Board Input be Used when Preparing a Reserve Study

March 4th, 2014|

Many clients often ask me if the board and/or property manger input should be used in preparing a reserve study.  My answer is absolutely.  The [...]

California Civil Code 2014 Update and Reserve Studies

February 28th, 2014|

The Davis-Stirling Act has been completely reorganized effective January 1st, 2014. The majority of the changes are simply just renumbering of the sections. There are [...]