Legal Topic
Reserve Requirements
Statutory requirements for reserve studies, reserve funding, component inventory, funding plans, and board fiduciary duty regarding major repair and replacement obligations.
60
reserve-related authorities
22
jurisdictions with reserve-related authority
California caps the reserve study inspection interval at 3 years (Cal. Civ. Code §5550).
Reserve Study Requirements by Jurisdiction
A state may carry multiple profiles where separate statutes govern condominiums, HOAs, planned communities, or legacy regimes (e.g., Washington Condominium Act and WUCIOA).
| Jurisdiction | Statute | Study Cadence | Notes | Last Verified |
|---|---|---|---|---|
| California (Davis-Stirling) Verified | Cal. Civ. Code §5550 | Every 3 years | Annual board review; visual inspection at least every 3 yrs | 2026-07-04 |
| Delaware (UCIOA) Verified | 25 Del. C. §81-315 | Every 5 years | — | — |
| Florida (Condominium SIRS) Verified | Fla. Stat. §718.112 | Every 10 years | Structural Integrity Reserve Study; buildings 3+ habitable stories | 2026-09-04 |
| Maryland (Condominium Act) Verified | Md. Code, Real Prop. §11-109.4 | Every 5 years | Updated study every 5 yrs; qualified preparer (RS/PRA/architect/engineer) under §11-109.4(e) | 2026-04-15 |
| Maryland (HOA Act) Verified | Md. Code, Real Prop. §11B-112.3 | Every 5 years | Updated study every 5 yrs; $10,000 component-cost floor; same qualified-preparer rule under §11B-112.3(e) | 2026-04-15 |
| Minnesota (MCIOA) Verified | Minn. Stat. §515B.3-1141 | Every 3 years | Annual re-evaluation | 2026-04-15 |
| Nevada (CIC Act) Verified | NRS 116.31152 | Every 5 years | Annual review of study | 2026-07-04 |
| New Jersey (PREDFDA (Structural Integrity Law)) Verified | N.J.S.A. 45:22A-44.2 | Every 5 years | 30-year funding plan (§45:22A-44.3); up to 10-yr deficiency phase-in when increases exceed 10%; exempt under $25,000 in common-area capital assets | — |
| Oregon (Condominium Act) Verified | ORS 100.175 | Annual | Board may conduct study or review/update existing study | 2026-09-05 |
| Oregon (Planned Community Act) Verified | ORS 94.595 | Annual | Board may conduct study or review/update existing study | 2026-09-05 |
| Tennessee (HOA Act) Verified | Tenn. Code Ann. §66-27-403(g) | Every 5 years | $10,000 component-cost threshold | — |
| Utah (Community Association Act) Verified | Utah Code §57-8a-211 | Every 6 years | — | — |
| Washington (Condominium Act) Verified | RCW 64.34.380 | Annual + every 3 yrs prof. | Pre-2018 condos; annual update; professional visual every 3 yrs | 2026-07-04 |
| Washington (WUCIOA) Verified | RCW 64.90.545 | Annual + every 3 yrs prof. | Annual update; professional visual study every 3rd year | 2026-10-11 |
| Alabama Coverage pending | Corpus coverage pending | — | — | — |
| Alaska Coverage pending | Corpus coverage pending | — | — | — |
| Arizona Coverage pending | Corpus coverage pending | — | — | — |
| Arkansas Coverage pending | Corpus coverage pending | — | — | — |
| Colorado Coverage pending | Corpus coverage pending | — | — | — |
| Connecticut Coverage pending | Corpus coverage pending | — | — | — |
| District of Columbia Coverage pending | Corpus coverage pending | — | — | — |
| Georgia Coverage pending | Corpus coverage pending | — | — | — |
| Hawaii Coverage pending | Corpus coverage pending | — | — | — |
| Idaho Coverage pending | Corpus coverage pending | — | — | — |
| Illinois Coverage pending | Corpus coverage pending | — | — | — |
| Indiana Coverage pending | Corpus coverage pending | — | — | — |
| Iowa Coverage pending | Corpus coverage pending | — | — | — |
| Kansas Coverage pending | Corpus coverage pending | — | — | — |
| Kentucky Coverage pending | Corpus coverage pending | — | — | — |
| Louisiana Coverage pending | Corpus coverage pending | — | — | — |
| Maine Coverage pending | Corpus coverage pending | — | — | — |
| Massachusetts Coverage pending | Corpus coverage pending | — | — | — |
| Michigan Coverage pending | Corpus coverage pending | — | — | — |
| Mississippi Coverage pending | Corpus coverage pending | — | — | — |
| Missouri Coverage pending | Corpus coverage pending | — | — | — |
| Montana Coverage pending | Corpus coverage pending | — | — | — |
| Nebraska Coverage pending | Corpus coverage pending | — | — | — |
| New Hampshire Coverage pending | Corpus coverage pending | — | — | — |
| New Mexico Coverage pending | Corpus coverage pending | — | — | — |
| New York Coverage pending | Corpus coverage pending | — | — | — |
| North Carolina Coverage pending | Corpus coverage pending | — | — | — |
| North Dakota Coverage pending | Corpus coverage pending | — | — | — |
| Ohio Coverage pending | Corpus coverage pending | — | — | — |
| Oklahoma Coverage pending | Corpus coverage pending | — | — | — |
| Pennsylvania Coverage pending | Corpus coverage pending | — | — | — |
| Rhode Island Coverage pending | Corpus coverage pending | — | — | — |
| South Carolina Coverage pending | Corpus coverage pending | — | — | — |
| South Dakota Coverage pending | Corpus coverage pending | — | — | — |
| Texas Coverage pending | Corpus coverage pending | — | — | — |
| Vermont Coverage pending | Corpus coverage pending | — | — | — |
| Virginia Coverage pending | Corpus coverage pending | — | — | — |
| West Virginia Coverage pending | Corpus coverage pending | — | — | — |
| Wisconsin Coverage pending | Corpus coverage pending | — | — | — |
| Wyoming Coverage pending | Corpus coverage pending | — | — | — |
No rows match the current filter.
Methodology. "Verified" rows are pinned to the controlling statute and threshold values verified against the official state source (e.g., FLSenate.gov, Texas.gov, Justia). "Coverage pending" rows are jurisdictions where our corpus has either no codified statute or no verified threshold record; we render these as pending corpus coverage rather than fabricate values. "Pending" here refers to CommunityPay's research coverage, not to pending legislation or pending legal effectiveness. Last-verified dates reflect the most recent confirmation against the official source.
Legal references verified against official state and federal sources.
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