Understanding a Reserve Study
A standard study contains these key elements that our AI uses to build your plan.
Component Inventory
Funding Analysis
Asset Inventory
A comprehensive list of all common area components the association is responsible for maintaining (e.g., Roofs, Painting, Asphalt).
Useful Life (UL)
The expected total lifespan of an asset. "Remaining Useful Life" (RUL) tells us how much time is left before replacement is needed.
Replacement Cost
The estimated current cost to replace or repair the component. Our AI adjusts these figures for local inflation rates automatically.