Reserve Studies - The Complete Guide is 436 pages explaining the concepts and process for making a reserve study. For more information and to order, click here.

 

 

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Colorado Reserve Studies

The state of Colorado has adopted specific statutes related to reserve studies, which are set forth in Colorado HB-1359.  While the original bill required a reserve study at least every three years, the final bill simply requires that associations adopt a governance policy with respect to reserve studies.  Unfortunately, this language is rather ambiguous.  Our discussions with Colorado lawyers tells us that most are recommending that associations adopt policies which specify a full reserve study every three years, with annual updates for intervening years.