Frequently Asked Questions
The reserve study process is relatively straightforward at a conceptual level, but contains many questions on a practical level. This section of the web site is intended to provide answers to some of the most frequently asked questions regarding reserve studies.
What is a reserve study?
Does my association need to have a reserve study?
What components should be included in the reserve study?
What is a site inspection?
What is a funding plan?
Should inflation be considered in the reserve study?
Should the reserve study include a contingency factor? How is it calculated?
Should income taxes on interest earned be paid from the reserve fund?
Can painting be included in the reserve study?
Can capital improvements be included in the reserve study?