NEW Reserve Study Standards: What Every HOA Needs to Know

Discover the LATEST Reserve Study Standards coming to your HOA! We uncover what every association needs to know to ensure continued stability.

Uncover the latest changes in reserve study standards and they mean for your HOA. Learn from the leading experts in the industry as we dive into the new standards designed to ensure a more secure and less stressful future.
We’ll explain why these standards were updated, what changes have been made, and how these changes might affect your next reserve studies. You'll also gain insights into the deteriorating infrastructure of condominiums, townhomes, high rises, and other HOAs across the country, and why an updated reserve study can help combat this issue. Whether you're a seasoned board member or new to your role, you will find valuable lessons to navigate your HOA's journey towards fiscal health and property value maximization. Don't get left behind – let's embrace these changes together for a successful and secure future!

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Follow Association Reserves!
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00:00 Change is here!
01:17 Why reserve studies changed
07:38 The board’s attitude
09:03 How a building ages successfully
10:17 Healthy VS Underfunded Association
15:42 What changed now for reserve studies
18:27 NEW 3-Part Component Test
19:45 Component Life Extended Further
22:51 What Isn’t Changing
23:34 What is Changing
28:34 How these changes will affect YOU
31:13 Champlain Tower South
32:40 HOA Lessons Learned
34:11 HOA Resources For You

#ReserveStudyStandards #HOA #ReserveStudy