---
title: How often is a reserve study required?
description: If an HOA provided a new Reserve Funding Plan in California Civil Code Section 5550 is one still required for 2018? I can't find anything that ends the requirement for HOA's to prepare a 3-year reserve funding study and provide a summary or report to members.
image: https://www.condoassociation.com/hs-fs/hub/504/file-13172453.jpg
---

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# How often is a reserve study required?

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

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## What do you think? Question:

If a 388 unit California HOA provided members a new reserve funding plan (3-year Reserve Funding Study) as described in California Civil Code Section 5550 is one still required for 2018? We always got them with the annual budget and the most recent 3--year Reserve Funding Study was timely done in 2015 (following 2012's, 2009's, 2006's, 2003's etc.). However, attached to the 2019 budget dated 12/1/18 was only the 2015 study's summary instead of a 2018 3-year reserve funding study or its summary. I can't find anything that ends the requirement for HOA's to prepare a 3-year reserve funding study and provide a summary or report to members.

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## What do you think? Answers (3)

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

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### [What states require reserve studies?](https://www.condoassociation.com/blog/what-states-require-reserve-studies)

### [Is there a HUD insurance and minimum reserves requirement?](https://www.condoassociation.com/blog/is-there-a-hud-insurance-and-minimum-reserves-requirement)

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