HOA Reserve Study Requirements by State

About 22 states impose some statutory reserve study, reserve funding, or reserve disclosure requirement on HOAs or condominiums — from Florida's structural integrity reserve studies to California's every-3-years study cycle. The table below covers all 50 states with statute citations; every detail page is verified against the primary source before publishing.

Last verified 2026-07-07

StateRequirementStudy cycleKey statute
AlabamaEncouraged / disclosureNo statutory cycle — Alabama law never mentions reserve studies for HOAs or condominiums.Ala. Code § 35-8A-403Details
AlaskaEncouraged / disclosureNo statutory cycle for operating associations. The architect/engineer-certified reserve calculation is a one-time public-offering-statement requirement at the development stage, not a recurring study.Alaska Stat. § 34.08.530Details
ArizonaEncouraged / disclosureNo statutory cycle — reserve studies are voluntary in Arizona; associations only have to hand over the most recent study if one exists.A.R.S. § 33-1806Details
ArkansasNo statutory requirementNo statutory cycle — reserve studies are never required by Arkansas law.Ark. Code Ann. § 18-13-116Details
CaliforniaRequiredVisual-inspection reserve study at least every 3 years, with annual board review and adjustment (Civ. Code § 5550).Cal. Civ. Code § 5550Details
ColoradoConditionalNo statutory cycle for existing associations — each association's own written policy states when reserve studies are prepared. From August 12, 2026, declarants must obtain a 30-year independent reserve study before transferring control (HB26-1099).Colo. Rev. Stat. § 38-33.3-209.5(1)(b)(IX)Details
ConnecticutEncouraged / disclosureNo statutory cycle — reserve studies are not mandated in Connecticut.Conn. Gen. Stat. § 47-261eDetails
DelawareConditionalNo fixed board cadence is stated, but to count as a 'reserve study' under § 81-103(40) the analysis must have been performed or updated within the last 5 years by one or more independent engineers, architects, construction contractors, or other qualified persons — effectively a 5-year refresh cycle for condos and co-ops that budget from a study.25 Del. C. § 81-315Details
FloridaRequiredSIRS at least every 10 years for buildings three or more habitable stories (§ 718.112(2)(g)); companion milestone inspections at year 30 (25 if required locally) and every 10 years thereafter (§ 553.899). No statutory study cycle for Ch. 720 HOAs.Fla. Stat. § 718.112(2)(f)–(g)Details
GeorgiaEncouraged / disclosureNo statutory cycle — Georgia law never requires a reserve study for condos or HOAs.O.C.G.A. § 44-3-80(d)Details
HawaiiRequiredThe reserve study underpins each annual budget and must be reviewed annually as part of budgeting; a study not prepared by an independent reserve study preparer must be reviewed by an independent preparer at least every three years (Act 62, 2022, effective January 1, 2023).HRS § 514B-148Details
IdahoNo statutory requirementNo statutory cycle — reserve studies are not referenced anywhere in Idaho's HOA or condominium statutes.Idaho Code § 55-3205Details
IllinoisConditionalNo statutory reserve-study requirement or cycle; 'any independent professional reserve study' is one of the five factors condo boards must take into consideration when determining reasonable reserves (765 ILCS 605/9(c)(2)).765 ILCS 605/9(c)Details
IndianaConditionalNo statutory cycle — Indiana never requires a formal reserve study for condos or HOAs.Ind. Code § 32-25-4-4Details
IowaNo statutory requirementNo statutory cycle — no Iowa statute requires a reserve study at any interval.Iowa Code ch. 499BDetails
KansasNo statutory requirementNo statutory cycle — Kansas law never requires a reserve study.K.S.A. 58-4620Details
KentuckyConditionalNo statutory cycle — Kentucky law never requires a reserve study for condos or HOAs.KRS 381.870Details
LouisianaEncouraged / disclosureNo statutory cycle — Louisiana law never requires a reserve study to be performed or updated for HOAs or condominiums.La. R.S. 9:1141.34Details
MaineEncouraged / disclosureNo statutory cycle — Maine law never mentions reserve studies.33 M.R.S. § 1603-102Details
MarylandRequiredAn initial reserve study (existing communities had deadlines between 2021 and 2023 depending on county and any post-Oct-2018 study), then updated reserve studies at least every 5 years. Studies must be prepared by someone who has prepared or participated in 30+ reserve studies in the prior 3 years, holds an architecture or engineering license, or holds a CAI or APRA reserve-specialist designation.Md. Code, Real Prop. § 11-109.4Details
MassachusettsRequiredNo statutory cycle — reserve studies are not mandated; because 'adequate' is undefined, a professional reserve study is the customary way boards substantiate that their fund satisfies § 10(i).Mass. Gen. Laws ch. 183A, § 10(i)Details
MichiganConditionalNo statutory reserve-study requirement or cycle. Admin Rule R 559.511 requires condo bylaws to warn that the 10% minimum may prove inadequate and that the association should analyze whether a greater amount is needed; bills proposing condo reserve-study mandates (e.g., HB 5019 of 2023) had not been enacted as of mid-2026.Mich. Comp. Laws § 559.205Details
MinnesotaRequiredNo formal reserve-study mandate, but the board must reevaluate the adequacy of its budgeted replacement reserves at least every third year (Minn. Stat. § 515B.3-1141); most associations satisfy this with a periodic reserve study.Minn. Stat. § 515B.3-1141Details
MississippiNo statutory requirementNo statutory cycle — Mississippi law does not reference reserve studies for community associations in any form.Details
MissouriEncouraged / disclosureNo statutory cycle — Missouri law never requires a reserve study on any schedule.Mo. Rev. Stat. § 448.3-102Details
MontanaNo statutory requirementNo statutory cycle — Montana law never mentions reserve studies.Mont. Code Ann. § 70-23-102Details
NebraskaNo statutory requirementNo statutory cycle — reserve studies are never required by Nebraska law.Neb. Rev. Stat. § 76-860Details
NevadaRequiredFull reserve study at least once every 5 years, with the board reviewing the study's sufficiency and adjusting the funding plan at least annually (NRS 116.31152).NRS 116.31152Details
New HampshireEncouraged / disclosureNo statutory cycle — reserve studies are not required at formation or on any recurring schedule.RSA 356-B:40-cDetails
New JerseyRequiredExisting associations without a study from the prior five years had to obtain one within one year of the January 8, 2024 effective date; newly formed associations must obtain one within two years of the owner-majority board election; studies must be updated at least every five years and prepared in conformity with the latest CAI National Reserve Study Standards or similar standards.P.L. 2023, c. 214 (S2760)Details
New MexicoEncouraged / disclosureNo statutory cycle — New Mexico law never requires a reserve study to be performed or updated.NMSA 1978 § 47-16-2Details
New YorkConditionalNo statutory cycle — reserve studies are not mandated in New York.N.Y. Real Property Law art. 9-B (§§ 339-d – 339-mm)Details
North CarolinaEncouraged / disclosureNo statutory cycle — reserve studies are a best practice (commonly every 3-5 years) but never required by North Carolina statute.N.C. Gen. Stat. § 47F-3-102(2)Details
North DakotaEncouraged / disclosureNo statutory cycle — a reserve study is never required; the law only requires disclosing at sale whether the association uses one.N.D. Cent. Code § 47-10-02.3Details
OhioConditionalNo statutory reserve-study requirement or update cycle; 'adequate' is not defined, so each board determines the amount (a reserve study is the customary, but not mandated, method).Ohio Rev. Code § 5311.081Details
OklahomaNo statutory requirementNo statutory cycle — Oklahoma law never requires a reserve study.Okla. Stat. tit. 60, §§ 501–530Details
OregonRequiredAnnual — the board must conduct a reserve study or review and update the existing study every year (ORS 94.595(3); ORS 100.175). No multi-year statutory cycle; the review happens each budget year.ORS 94.595Details
PennsylvaniaEncouraged / disclosureNo statutory cycle — reserve studies are not mandated in Pennsylvania.68 Pa.C.S. § 3407(a)(5)Details
Rhode IslandEncouraged / disclosureNo statutory cycle. The 2026 reserve-study mandate bills (H 7851/S 2692) failed — S 2692 passed the Senate as amended but died in the House Committee on Corporations at adjournment. Instead the General Assembly created a 16-member study commission on the Condominium Act (H 8008/S 2906, approved June 2026), due to report by December 31, 2027 — a mandate remains possible in a future session.R.I. Gen. Laws § 34-36.1-4.03Details
South CarolinaNo statutory requirementNo statutory cycle — South Carolina law never mentions reserve studies.S.C. Code Ann. § 27-31-10 et seq.Details
South DakotaNo statutory requirementNo statutory cycle — reserve studies are not required at any interval.S.D. Codified Laws ch. 43-15ADetails
TennesseeConditionalEvery 5 years: a study conducted on or after January 1, 2020 must be updated within 5 years of its date and at least every 5 years thereafter; boards with no post-2020 study had to complete one by January 1, 2025 and update it every 5 years (Tenn. Code Ann. § 66-27-403(g)).Tenn. Code Ann. § 66-27-403(g), as added by 2023 Tenn. Pub. Ch. 205 (SB 863)Details
TexasEncouraged / disclosureNo statutory cycle — Texas law never requires a reserve study; any cadence comes from an association's own governing documents.Tex. Prop. Code § 82.102(a)(2)Details
UtahRequiredFull reserve analysis at least every 6 years; review and, if necessary, update at least every 3 years (statutory defaults that governing documents may vary). The board may conduct the analysis itself or engage 'a reliable person or organization' — no professional credential is mandated.Utah Code § 57-8a-211Details
VermontEncouraged / disclosureNo statutory cycle — reserve studies are not required.27A V.S.A. § 3-102Details
VirginiaRequiredAt least once every five years, with the results reviewed at least annually to determine whether reserves are sufficient; budgets and assessments are adjusted as needed based on that review.Va. Code § 55.1-1826Details
WashingtonRequiredAnnual update, with a full updated study prepared by a reserve study professional based on a visual site inspection at least every three years (RCW 64.90.545); the older acts prescribe the same cadence but with an unreasonable-hardship exception until 2028.RCW 64.90.545Details
West VirginiaEncouraged / disclosureNo statutory cycle — reserve studies are never mentioned in Chapter 36B.W. Va. Code § 36B-3-102Details
WisconsinConditionalNo statutory reserve study cycle; the association must instead consider the § 703.163(7) factors (current reserve funds, estimated repair/replacement costs, remaining useful life of common elements) when setting the annual reserve assessment, and conversion condos over 4 units must consider the § 703.33(2)(cm)1 report.Wis. Stat. § 703.163Details
WyomingNo statutory requirementNo statutory cycle — reserve studies are never mentioned in Wyoming statute.Wyo. Stat. §§ 34-20-101 to 34-20-104Details

Informational only — not legal advice. Statutes change; verify with the cited source and a community-association attorney in your state. Report an issue.

How this table is verified

Every state entry is researched against the official state legislature's published statutes — not secondary summaries. A state only gets a linked detail page after the cited statute text has been opened and confirmed to support the classification shown here ( citations on each page link to the primary source). States marked “verification in progress” are published to this table only, without a detail page, until that check completes.

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