Tips for HOA Reserve Study and Analysis in 2016

Facilities Advisors Inc. - Providing reserve study services to the Homeowners Association, Condominium, Governmental, and Timeshare industries. California Civil Code Section 1365 requires that homeowner associations prepare and distribute certain financial information, including a proforma operating budget, 30-90 days prior to the start of the association's next fiscal year.

Reserve studies for condominium associations involve the condominium structures and their replaceable components. These studies are much more complex than associations consisting of single family home. An association having single family home does not have responsibility for the maintenance of building exteriors.

Reserve Studies – The Complete Guide is now available for pre-order. This book is destined to become the definitive guide on the topic of reserve studies. More than 300 pages explaining the conceptual principles, and dozens of exhibits that show you exactly how the calculations are made. If you prepare or use a reserve study, this guide is a “must have.”

Facilities Advisors, Inc. prepares reserve studies for country clubs, condo, homeowner, timeshare associations and many other types of organizations. The company has 30+ years experience with condominium associations & planned developments and 20+ years experience with timeshare associations and country clubs.

Get to know about Financial forecast for your business, Reserve study is one of the beneficial processes basically, it also is known as long-term capital replacement budget which help to determine the annual member assessments necessary to provide funding for the estimated future expenditures.