Transcription of RESERVE STUDY GUIDELINE
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RESERVE STUDY GUIDELINE
State of California Department of Real Estate RESERVE STUDY GUIDELINES for Homeowner Association Budgets August 2010 State of California Department of Real Estate RESERVE STUDY GUIDELINES for Homeowner Association Budgets August 2010 This independent research report was developed under contract for the California Department of Real Estate by Eva eagle , , and Susan Stoddard, , AICP, Institute for the STUDY of Family, Work and Community and David H. Levy, , Janet Andrews, MBA, was responsible for the original design, layout, and typography. The Department of Real Estate revised this publication in August 2010. It includes updates by Roy Helsing PRA, RS to insure it aligns with current California Law and the guidelines of the Association of Professional RESERVE Preparers (APRA) and the Community Associations Institute (CAI)., The report does not necessarily reflect the position of the Administration of the State of California. NOTE: Before a homeowners association decides to prepare its own RESERVE STUDY , it should consider seeking professional advice on that issue.
Eagle, Ph.D., and Susan Stoddard, Ph.D ., AICP, Institute for the Study of Fa mily, Work and Community and David ... guidelines should enable readers to answer the following questions: ... A summary of the association's reserves based upon the most recent review or study conducted pursuant to Section 1365.5, based only on assets held in cash or ...
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