Building Reserves expert team has conducted reserve studies for camps, retreat centers, and charitable organizations throughout the country.
A reserve study enables the organization to plan ahead and spread the cost of future repairs and replacements. They’re able to prioritize and schedule work to be done which helps the organization avoid special assessments and loans.
A reserve fund covers the cost to replace and repair shared property assets, which is necessary for safety and to retain the value of the property.
Failing to conduct a reserve study can be argued as a breach of your fiduciary duty. In turn, this will put you and the association at risk of potential liability.
Our engineers are highly skilled and don't take shortcuts. We create easy-to-read reports in a format that anyone can understand.
Our Process