Gold Coast Reserve Studies

Chad McCloskey
President
cmccloskey@reservestudy.com

Association Reserves has been preparing Reserve Studies along the Gold Coast of California since 1987 and has developed a unique understanding of the needs of community associations throughout the area.

Whether your association is built on the oceanfront, tucked away in rolling hills, surrounded by agriculture or is a traditional town-home, condo or planned community, we have the resources and experience to help you plan for the future. Each Reserve Study we conduct incorporates our knowledge of local pricing and other regional factors, in addition to satisfying both California requirements and National Reserve Study Standards (NRSS).

We are committed to preparing high-quality, accurate, and easily understandable Reserve Studies and have earned a strong reputation as leaders in the Community Association industry for doing so. As we continue to build our reputation and expand our influence along the Gold Coast, we look forward to having you join our long list of satisfied clients!

Association Reserves - Gold Coast
300 East Esplanade Drive, 9th Floor
Oxnard, CA 93036

7 West Figueroa Street, Suite 200
Santa Barbara, CA 93101

Office: 805/277-3466
Fax: 805/272-9749


Adequate Reserves – (Finally!) Defined

Many, if not most Governing Documents require the Board to set aside “adequate Reserves” to care for the common areas. But what exactly are “adequate Reserves”? I was recently challenged to define the concept of adequate Reserves by a number … Continue reading

How to Fund California’s SB 721 Deck Inspections?

In a previous post, we described how the requirements of California’s proposed SB 721 (safety inspections of decks and balconies in multi-family buildings) would not be satisfied by a Reserve Study site inspection. So the question now becomes, if this … Continue reading

Real Estate Claims of “Strong Reserves” – Be Careful!

We subscribe to a media monitoring service that scours the internet for any “mention” of our company name.  We do this to measure our influence in the Reserve Study industry and identify hot issues or trends.  With a company name … Continue reading

(CA) Senate Bill 721: Deck Inspections and Reserve Study Inspections

In California in the first half of 2017, Senate Bill 721 has been proposed, a bill which requires all exposed decks/walkways more than 6 ft above ground, in structures containing three or more multi-family units, to be inspected before 1/1/2023 … Continue reading

The Benefit of Updating your Reserve Study Annually

Reserve Studies are budget planning and disclosure documents prepared to help the board meet their responsibility to care for the assets of the association. Many of the association’s common area components are so large that the association needs many years … Continue reading

EQ Retrofitting in Los Angeles, 2017

by Steven Beltramo, Project Manager, Association Reserves The Issue: Homeowners and Association Managers need to be aware that the City of Los Angeles has passed Ordinances 183893 and 184081, city laws that require the earthquake retrofitting of buildings that fall … Continue reading

Avoiding Future Special Assessments

By Drew Sleezer, Project Manager Life is full of risks. You may be stuck with your current circumstances, but you have surprising power to influence many future risks. As a manager or board member, you are responsible for the care … Continue reading

How Much are Adequate Reserve Contributions?

by Steven Beltramo, Project Manager At Association Reserves we understand board members face a big challenge to budget for the maintenance and replacement of their association’s major common area assets. Boards typically have little knowledge of project costs and when … Continue reading

Change to the FHA “10% to Reserves” Rule?

FHA approval is a status condo associations can attain, allowing unit owners/buyers to receive FHA insurance on their loans which make those loan more attractive to lenders. Depending on your location, as much as 30% – 40% of all residential … Continue reading

Is a Reserve Study Required Annually in California?

In a word, yes. California Civil Code 5550 requires a Reserve Study based on a “diligent visual site inspection” at least every third year, but requires the Board review that Reserve Study annually and “consider and implement necessary adjustments”. That’s … Continue reading