Global Solution Partners
Keep your property protected with a Reserve Study that helps your HOA stay prepared and financially stable.
Compliance and Standards
Our Reserve Study report adheres to CAI National Reserve Study Standards and state regulations, is conducted by local Reserve Consultants, and is overseen by CAI Reserve Specialists to ensure the highest quality and compliance.
Commitment to Client Needs
Our detailed assessments support strategic decisions and risk management. Committed to our clients' needs, we ensure accurate reserve fund planning for lasting stability.
Strong Reserves. Stronger Communities.
Our global expertise and local approach ensure that each client receives exceptional service, customized to their specific context and needs.
Additional Services
Explore our wide array of additional offerings, including Structural Integrity Reserve Studies (SIRS), Milestone Inspections, Insurance Appraisals, Property Condition Assessments (PCAs), Transition Studies, and more, to meet all your community needs effectively.
Our Reserve Study report:
Our Reserve Study service gives you a clear, detailed look at your community’s future repair and replacement needs so you can plan ahead with confidence. We start with a tailored proposal, followed by an on-site visit where we meet with you and evaluate the property in person.
Once we receive your completed questionnaire, your initial report is delivered within 30 days. You’ll also have access to our Funding Plan Scenario Calculator, along with a demo video to help you use it.
We include one complimentary revision to make sure the report meets your needs, along with final delivery. If helpful, we can also join one board meeting by teleconference to walk through the results and answer questions.
Our Reserve Study follows CAI National Reserve Study Standards and all applicable state requirements. All site work is handled by a local Reserve Consultant and reviewed by a CAI Reserve Specialist. As soon as your questionnaire is complete, we’ll schedule your site visit and keep the process moving smoothly.
Access to our exclusive Funding Plan Scenario Calculator
Receive exclusive access to our powerful Funding Plan Scenario Calculator for optimized financial planning.
Expert Specialists
Site work performed by a local Reserve Consultant and overseen by an expert CAI Reserve Specialist.
Prompt Report Delivery
Initial report delivered within 30 days of receipt of completed client questionnaire.
Level 1 Reserve Study
With Site Visit
- Comprehensive property evaluation
- Detailed site inspection
- Inventory of components requiring future repair/replacement
- Condition assessment of each component
- Financial analysis for long-term maintenance planning
- Strategic report on reserve funding and budgeting
Level 2 Reserve Study
With Site Visit
- Comprehensive update of reserve study
- Includes new site visit findings
- Ensures accurate financial planning for maintenance/improvements
- Offers detailed reports and strategic funding advice
- Based on latest property conditions
Level 3 Reserve Study
Without Site Visit
- Reserve study update based on previous data (within last 3 years)
- Financial planning for maintenance and improvements without recent inspection
- Utilizes existing reports and financial forecasts
- Strategic reserve funding recommendations provided
- Ideal for properties with minimal changes
Reserve Study vs Special Assessment
A Reserve Study helps you plan ahead, while a special assessment is usually the result of not planning enough. A Reserve Study looks at the condition of your property and estimates future repair and replacement costs, allowing your organization to set aside funds gradually over time. This keeps finances predictable and avoids large, unexpected expenses. A special assessment, on the other hand, is a one-time charge to cover a major repair or shortfall when reserves aren’t sufficient. In short, a well-prepared Reserve Study helps reduce the need for special assessments and keeps your budget stable.
Timeline for Receiving a Report
Your initial report will be delivered within 30 days after we receive your completed client questionnaire.
Frequently asked questions
What is a Reserve Study?
A Reserve Study is a financial planning tool used primarily by homeowner associations (HOAs), condominium associations, and other property-owning organizations to ensure they have adequate funds set aside for future major repairs and replacements of common elements. A Reserve Study includes a component list, an assessment of the condition of the components, an estimated remaining life of each component, and an estimated replacement cost of each component.
Why would I need a Reserve Study?
A Reserve Study is an essential tool for any community association, aiming to ensure financial stability and proper maintenance of common areas and infrastructure. This comprehensive assessment serves multiple critical purposes: it provides a detailed inventory of the physical components the association is responsible for, evaluates the current condition of these elements, estimates the remaining useful life of each component, and outlines the costs associated with their repair or replacement. By identifying and planning for these future expenditures, a reserve study helps prevent the financial shock of sudden, large-scale repairs, ensuring that the community can maintain and enhance property values without imposing unexpected assessments on its members. Moreover, a well-conducted reserve study is a roadmap for long-term financial planning, enabling communities to establish a reasonable and equitable funding plan. This proactive approach not only safeguards the aesthetic and functional integrity of the community but also promotes a sense of trust and security among residents, knowing their investment is well-managed and future-proofed.
Who does Global Solution Partners serve?
We serve communities, resorts, commercial properties, and non-profit organizations. Our services are tailored to meet the unique needs of each sector.
Why should I choose Global Solution Partners?
Choosing Global Solution Partners means partnering with a company dedicated to providing exceptional service tailored to your specific needs. We proudly serve a diverse range of clients, including communities, resorts, commercial properties, and non-profit organizations. Our expertise and commitment to quality ensure that you receive a comprehensive and accurate Reserve Study.
As a global company, we bring a wealth of experience and resources to every project, yet we remain local to you. This means we understand the unique needs of your area and can provide personalized service that reflects your specific requirements.
At Global Solution Partners, we are committed to helping you make informed decisions to secure the financial future of your community or organization.
