PRODUCTS

A Strategic Reserves Reserve Study complies with the strict National Reserve Study Standards of the CAI- Community Associations Institute, conforms to the AICPA- American Institute of Certified Public Accountants audit standards and has the flexibility to adapt and implement various funding methods/goals required by local statutes or selected by personal preferences.

RESERVE STUDIES- Sit back & relax, let us do it all!
We are proud to offer you various levels of service at this time, with each level tailored to meet your individual association needs.  These levels are as follows:

• Level 1 Reserve Study (with site-visit)-   Designed for associations performing an initial reserve study or for associations that have concerns about the accuracy (or detail) of their component inventory.   Recommended immediately after the homeowners take over control of the association from the developer.  Contents include:

                    1) Physical Analysis (on-site review)-
                           a) Develop component inventory
                           b) Establish useful life & remaining life
                           c) Estimate cost
                           d) Prepare field report (condition assessment)
                                   *provide DIGITAL COLOR PHOTOS of problem areas observed
                   2) Financial Analysis-
                           a) Determine reserve allocation
                           b) Determine reserve strength
                           c) Project reserve income & expense over a timeframe

• Level 2 Reserve Study Update (with site-visit)-   Developed for associations that have confidence in the accuracy (or detail) of their component inventory, and require an expert in all construction trades (such as a General Contractor) to prepare a field report (or condition assessment).  Recommended at least every three (3) years.   Requires any prior reserve study.  Contents include:

                   1) Physical Analysis (on-site review)-
                           a) Evaluate/Adjust useful life & remaining life
                           b) Evaluate/Adjust cost
                           c) Prepare field report (condition assessment)
                                   *provide DIGITAL COLOR PHOTOS of problem areas observed
                   2) Financial Analysis-
                           a) Determine reserve allocation
                           b) Determine reserve strength
                           c) Project reserve income & expense over a timeframe

• Level 3 Reserve Study Update (no site-visit)-  This product allows for an inexpensive review/update necessary to ensure success.  It is highly recommended for associations that are "weak" in reserve strength, with a strengthening plan in-process that needs monitored.  The association must have confidence in the accuracy (or detail) of their component inventory.  Requires any prior reserve study.  Contents include:

                   1) Physical Analysis (off-site review)-
                           a) Evaluate/Adjust useful life & remaining life
                           b) Evaluate/Adjust cost
                   2) Financial Analysis-
                           a) Determine reserve allocation
                           b) Determine reserve strength
                           c) Project reserve income & expense over a timeframe

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