What is a Reserve Study?

In order to maintain and preserve market values of both the residential and common area property, WLF Association must develop funding plans for future repair or replacement of major common-area components, such as walkway lights, irrigation infrastructure, asphalt surfaces, concrete areas, fencing, signs, and much more. Thus, a Reserve Study provides guidance on how much WLF Association should be putting aside each month for reserves so it can meet the future obligations described above without requiring special assessments.

Category: General Questions

← What is a Reserve Study?

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