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HOA Reserve Study Requirements By State

HOA Managememt

According to Section 11-109.4 , if a condominium’s governing body has conducted a reserve study on or after October 1, 2018, it must complete an updated study within five years and continue to do so every five years thereafter. In doing so, board members can ensure compliance and avoid potential liability.

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Single-Family Property Management Service Trends for 2022

Propertyware

Since 2018, the number of investors in our survey has increased from 67 to 71 percent. Owners are looking for property managers to stay on top of these laws and restrictions as they arise and help them navigate the compliance issues that accompany them. Propertyware is one such solution.