A Reserve Study is a tool which anticipates major common area repair and replacement expenses and develops a prudent Reserve Funding Plan to pay for these expenses. By using meticulous research and analysis together with proven methodologies, a professional Reserve Study provides condominium associations with valuable budget planning information, and guidance on upcoming long-term maintenance and repairs. 

A Reserve Study consists of two major components: 

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1. Physical Analysis

   1. ​Component Survey and Inventory

   2. Assessment of Component Condition

   3. Estimate of Useful Life and Remaining Useful Life

2. Financial Analysis​

   1. Current Reserve Fund Status​

   2. Recommended Funding Plan

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