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  2. There are four general types of reserve studies12:
    • Preliminary study
    • Study with no site visit
    • Study with an on-site visit
    • Full reserve study
    A typical reserve study is comprised of two parts, the physical analysis and the financial analysis3:
    1. Physical Analysis: Evaluates the physical status of the association and estimates the repair and replacement costs of the major common area components.
    2. Financial Analysis: Assesses the current reserve fund status and recommends an appropriate reserve contribution rate.
    The National Reserve Study Standards endorses three different types of reserve study reports4.
    Learn more:
    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 status
    www.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/
       
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