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reserve studies

5/6/2020

1 Comment

 
California Civil Code 5550 requires a Reserve Study based on a “diligent visual site inspection” at least every third year, but requires the Board review that Reserve Study annually and “consider and implement necessary adjustments”. That’s called an annual Reserve Study update.

More information:

https://www.reservestudy.com/blog/is-a-reserve-study-required-annually-in-california/
https://www.reservestudyusa.com/2-reserve-laws/36-california-reserve-study-laws
​
https://dre.ca.gov/files/pdf/re25.pdf

1 Comment
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  • Home
  • Pricing
  • About
  • FAQ
  • Our Properties
  • Locations
    • Brentwood & West LA
    • Santa Monica
    • Venice Beach
    • Westwood
    • Culver City
    • Marina del Rey
    • Playa del Rey
    • Westchester
    • Hermosa Beach
    • Redondo Beach
    • Sherman Oaks
    • Burbank
    • Silver Lake
  • Specialties
    • Single-Family Homes
    • Luxury
  • Free Tools
    • Rental Cash Flow Estimator
    • HOA Annual Budget Planner
    • Home Rent-Ready Checklist
  • Blogs
    • Property Management Blog
    • HOA Management Blog
  • Real Estate Consultation