---
title: Condo reserve study not done and financial loss followed.
description: Can Board members be held liable if an item that was scheduled to be done in a professionally prepared reserve study was not completed as scheduled (due to the board electing not to do it) and a loss subsequently occurred.
image: https://www.condoassociation.com/hubfs/condo-reserves-decisions.jpg
---

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# Condo reserve study not done and financial loss followed.

| [Condo Reserves](https://www.condoassociation.com/blog/topic/condo-reserves) |  

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## What do you think? Question:

Can condo board members be held liable if an item that was scheduled to be done in a professionally prepared reserve study was not completed as scheduled (due to the board electing not to do it) and a loss subsequently occurred.

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## What do you think? Answers (14)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

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