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- There are four general types of reserve studies12:
- Preliminary study
- Study with no site visit
- Study with an on-site visit
- Full reserve study
- Physical Analysis: Evaluates the physical status of the association and estimates the repair and replacement costs of the major common area components.
- Financial Analysis: Assesses the current reserve fund status and recommends an appropriate reserve contribution rate.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.There are four general types of reserve studies — a preliminary study, a study with no site visit, a study with an on-site visit, and a full reserve study. The one you choose should directly address the present needs of your association.www.hoamanagement.com/hoa-reserve-study/The following four categories describe the various types of reserve studies, from exhaustive to minimal. Full: A reserve study in which the following five reserve study tasks are performed: Component Inventory (including quantification) Condition assessment (based on on-site visual observations) Life and valuation estimates Fund statuswww.reservestudy.com/wp-content/uploads/2019/0…Typical reserve studies are comprised of two parts, the physical analysis and the financial analysis:
hub.associaonline.com/blog/hoa-101-a-complete-g…The National Reserve Study Standards endorses three different types of reserve study reports. All reports, at a minimum, include life and valuation estimates, fund status, and a funding plan.reservestudyfl.com/reserve-study-types/ - People also ask
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