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VIDEO LIBRARY 2


WHAT IS PERCENT FUNDED IN A RESERVE STUDY?

The percent funded calculation is explained in this brief video. All of our reserve studies include this measurement of the financial health of a community with relation to its reserve account. 

RESERVE STUDIES FOR CONDOMINIUM ASSOCIATIONS

This presentation answers some common questions related to reserve studies for condominium associations as well as touch bases on the basics of the reserve study process, what's included in the study and what the WA State Laws are in regards to reserve studies. 

DOES YOUR RESERVE STUDY COMPLY WITH WA STATE LAWS?

In 2012 numerous Washington State Laws were implemented with respects to what is to be included in reserve studies for common interest communities. Does your prior study comply with these laws? 

WHAT DOCUMENTS ARE NEEDED TO COMPLETE A RESERVE STUDY?

Our Reserve Analyst will request numerous documents to complete a comprehensive reserve study for our Common Interest Community Clients, they are outlines in this video.  

WHAT DOCUMENTS ARE NEEDED TO COMPLETE A RESERVE STUDY?

Our Reserve Analyst will request numerous documents to complete a comprehensive reserve study for our Common Interest Community Clients, they are outlines in this video.  

ARE RESERVE STUDY PROFESSIONALS LICENSED

This video goes into the designation that reserve study professionals can and should earn in this field.  

DO WE SHARE THE RESERVE STUDY OR ITS RESULTS WITH ANYONE?

Reserve studies are completed for our Clients in a private and confidential manner. We go into this questions a little more in this video.   

HOW OFTEN SHOULD A RESERVE STUDY BE COMPLETED?

Reserve studies are a constantly changing document due to changes in the financials, changes in components, projects being completed, projects being deferred, etc. With budgets being created annually we strongly advise of the initial reserve study being updated annually as those Clients of ours that have most successfully steered their reserve account to more appropriate levels have done so by monitoring and making adjustments annually. 


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