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Does Your Community Need an HOA Reserve Study? - Bach Associate

A homeowner association (HOA) reserve study is crucial for a community as it assesses the long-term funding needs for major repair and replacement of common area assets.
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How Much Should A HOA Have In Their Reserve Fund - Bach Associates

Discover the advantages of living in an association-governed community through our comprehensive guide on property maintenance and reserve funding. Uncover the secrets to hassle-free living, the power of reserves, and be
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What is a Reserve Study? - Bach Associates

A reserve study is a comprehensive analysis of the long-term funding needs of a homeowner association or similar organization for major repair and replacement of common area assets. It provides a detailed assessment of t
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Understanding the Role of Reserve Specialists RS™ - Bach Associates

The Reserve Specialist (RS™) credential is awarded by Community Associations Institute (CAI). The RS credential provides standards for association reserve specialists that can give homeowners and board of director s conf
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What is a Reserve Study and Why is it Important? - Bach Associates

The initial reserve study involves an on-site inspection and a comprehensive assessment of the current state of the reserve fund. This assessment is crucial for creating a prioritized timeline for capital improvement pro
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What is the purpose of the reserve study - Bach Associates

Understanding the Purpose of a Reserve Study
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Are reserve studies required in Washington State? - Bach Associates

The straightforward answer is yes, in the state of Washington, Homeowners Associations (HOAs) are generally required to conduct a reserve study and update it annually unless specific exemptions apply.
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Important for Community Association Success

Reserve studies are important because they help homeowner associations, condominiums, similar organizations plan prepare for long-term maintenance.
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Embrace Condo and HOA Budget Season with Confidence - Bach Associate

Failure to adequately fund reserves is a governance error that can jeopardize your community s well-being. While funding reserves may necessitate raising maintenance fees, it s far preferable to avoid surprise special as
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