A Reserve Study is a tool that informs property owners of significant expenditures and anticipates its cost. It then presents a funding plan to meet these inevitable expenditures.
A Reserve Study is made up of two Parts:
- [Physical Analysis] The information about the physical status and repair/replacement cost of the major components of the property, (Private, Municipal ) which it is obligated to maintain
- [Financial Analysis] The evaluation and analysis of property owner reserve balance, reserve funding source, and expenses.
Key Benefits
- The report is concise and useful;
- Information is clear;
- Avoid costly surprises
Capabilities
- Reserve Studies for private land owners
- Reserve Studies and Transition Studies for churches, municipalities, and Associations
- Asset Enumeration and Evaluation for legal and financial evaluations
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