Reserve Studies aren’t meant to sit on a shelf. As construction costs change, infrastructure ages, and your community completes major repairs or replacements, your Reserve Study should be updated to reflect current conditions. In this Reserve Reel, Keith Ruehl explains why regular updates are essential, what the Community Associations Institute (CAI) National Reserve Study Standards recommend, and how keeping your Reserve Study current helps boards make better long-term financial decisions.
Whether your association is planning for major capital repairs, updating reserve funding, or simply wondering if it’s time for a new Reserve Study, Global Solution Partners is here to help. Contact us today to discuss your community’s needs or request a proposal.
