Reserve Fund Studies


What is a Reserve Fund Study?

A Reserve Fund Study may be described as a plan for the "provision of resources for major repairs and replacements of building components and improvements, or common elements, over time to ensure adequate funding of all future capital expenditures when required."*

*Definition from the Institute of Real Estate Studies

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What's Included?

The reserve fund study will include a description and estimated life expectancy, typically over 30 years, of items identified as appropriate for the study's purpose and scope. This may include, but is not limited to:

  • Building FoundationThe building's structure
  • UtilitiesThe building's utilities
  • Building ExteriorThe exterior of the building, including the roof, doors, windows and skylights
  • Landscaping Landscaping
  • Systems The systems of the building, including the plumbing, heating, electrical, fire protection and security
  • Building InteriorThe building's interior finishes, including furnishings and floor coverings
  • FacilitiesCommon facilities and amenities of the property
  • Green Green building components
  • Parking The building's parking facilities and roads
  • Balcony Balconies and patios

NLD Consulting’s team of qualified Reserve Fund Consultants specialize in providing comprehensive and accurate reports that empower our clients to understand the future of their property’s financial future. Your property’s future is our priority! Contact us today for a no obligation proposal tailored to your property needs.

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