Association Reserves Nevada
Know what is coming before the budget has to react.
Association Reserves helps property and organizational leaders understand the major repair and replacement needs ahead, what those projects may cost, and how to prepare for them. Our Reserve Studies bring the physical condition of the property and the funding picture together in one clear plan.
Serving Nevada since 1989, our team works with condominiums, HOAs, resorts, master-planned communities, townhome developments, and other properties with long-term capital needs. Association Reserves has supported Nevada clients from its Las Vegas regional office since 2007.
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Every property has a different mix of assets, maintenance responsibilities, project timing, and funding history. A useful Reserve Study starts there.
Association Reserves evaluates the property itself so leaders can see:
That creates a practical basis for budgeting and long-term planning instead of relying on a rough percentage, last year’s assumptions, or a response after a major expense is already urgent.
The component inventory identifies the significant components the organization is responsible for repairing and replacing and gives leaders a clear scope for long-term planning.
The physical analysis considers condition, useful life, and expected project timing so decision-makers can see what is approaching and what can be planned further out.
The financial analysis evaluates current reserves and recommends a funding path designed around the property’s actual anticipated needs.
The right service depends on whether reliable reserve information already exists, how current it is, and how much has changed since the previous study.
For properties without a reliable existing Reserve Study. The component inventory, physical analysis, and funding plan are developed from the ground up.
For properties that need an on-site assessment of common area components, including their current condition and remaining useful life, along with updated costs and a revised Reserve funding plan.
For properties that need their Reserve Study updated without a site inspection, using information provided by the association to update project history, Reserve balances, replacement costs, and funding recommendations.
A client-assisted option for appropriate properties. The client develops the component information and Association Reserves prepares the financial analysis.
A three-year recurring update option designed to keep reserve information current while creating continuity as leadership, projects, and budgets change.
Reserve planning is not static. Project timing changes. Costs move. Work gets completed. Leadership turns over. A plan that made sense several years ago can lose value if it is never refreshed.
Regular updates help keep the physical and financial information aligned with what is actually happening at the property, giving decision-makers a more useful starting point for each budget cycle.
Professional Association Reserves clients also receive access to uPlanIt, an interactive planning tool that can be used to test changes in funding levels, project timing, replacement costs, and other assumptions before decisions are finalized.
Association Reserves works with organizations responsible for buildings, infrastructure, amenities, and other long-lived assets throughout Nevada.
Condominiums, HOAs, townhomes, planned communities, high-rises, and master-planned developments.
Timeshares, vacation clubs, resort properties, and other hospitality-oriented properties with significant shared assets.
Country clubs, golf clubs, recreation centers, and other member-based properties with long-term capital needs.
Churches, synagogues, temples, and other faith communities responsible for buildings and shared facilities.
Educational institutions responsible for campuses, buildings, infrastructure, and other long-term physical assets.
Camps, retreat centers, and charitable organizations responsible for facilities, grounds, and shared property.
Government facilities, commercial properties, mixed-use developments, and other organizations with long-term capital needs.
Association Reserves has prepared Reserve Studies in Nevada since 1989 and has served the state from a Las Vegas regional office since 2007.
The report connects component-level property information with the long-term funding picture so leaders can understand what supports the recommendations.
Nevada clients have access to experienced Reserve Specialists who bring both technical reserve-planning knowledge and a practical understanding of how the study will be used.
Association Reserves remains available to help clients understand the findings, review planning questions, and keep reserve information useful over time.
The Nevada team supports clients throughout the state from the Las Vegas office and brings long-standing experience in Reserve Studies, client service, and long-term property planning.
President
Sean leads Association Reserves’ Nevada practice and brings more than two decades of Reserve Study experience across a wide range of property types and markets.
Senior Project Manager
Una brings extensive Reserve Study experience and works with clients to turn detailed property information into clear, usable long-term planning guidance.
Office and Client Relations Manager
Carol supports the client experience and regional operations, helping keep communication and project coordination moving throughout the Reserve Study process.
A Reserve Study is a long-term budget planning analysis for the property components an organization is responsible for maintaining, repairing, and replacing. It identifies anticipated projects and costs, evaluates current reserve funding, and recommends a funding plan.
Association Reserves works with condominiums, HOAs, townhome communities, master-planned developments, resorts, clubs, institutional properties, commercial properties, and other organizations responsible for long-term physical assets.
A Full Reserve Study is generally appropriate when there is no reliable existing component inventory. An Update – With Site Visit refreshes the physical and financial analysis. An Update – No Site Visit updates the financial plan when the existing physical information remains sufficiently current.
We recommend an Update – With Site Visit every third year, with an Update – No Site Visit in each year between. Property condition, project timing, construction costs, reserve balances, and contributions change every year, so an annual update keeps the funding plan current for each budget. Your governing documents or state law may also set a schedule.
Yes. Professional Association Reserves clients receive access to uPlanIt, which can be used to test changes in project timing, costs, contribution levels, and other assumptions and see how those choices affect the long-term plan.
The goal is to provide a planning tool, not simply a report. Clients can use the Reserve Study and uPlanIt to review priorities, compare scenarios, and prepare for future updates as property conditions and budgets change.
Want to learn more before requesting a proposal? Start with these existing Association Reserves resources:
Which Level of Service Is Right for My Property?
What Happens Next?
Three Key Results of a Reserve Study
A current Reserve Study gives the people responsible for a property a clearer view of what is ahead, what it may cost, and how to prepare before predictable repair and replacement needs become budget emergencies.
Association Reserves turns detailed property information into a funding plan leaders can understand, explain, and use.
Association Reserves.
Fund honestly. Avoid a crisis.
Sean joined Association Reserves in 2003 after graduating from Cal State Northridge. He has since completed over 4,000 Reserve Studies for a wide range of properties including condominiums, luxury timeshare resorts, high-rises, schools, libraries, municipalities, and religious facilities. For his expertise, he earned the Community Association Institute’s (CAI) Reserve Specialist (RS) designation and has the distinction of being RS #115. He has also earned the Nevada Reserve Study Specialist (NRSS) designation (#299). His Reserve Study experience includes projects across the lower-48 States, as well as abroad, including Spain, the United Kingdom, France, Indonesia, Puerto Rico, Mexico, Thailand, Macau, and the United Arab Emirates. Sean became President of the Los Angeles Office in 2019, overseeing all operations within Los Angeles County, as well as the States of Hawaii and Nevada. Sean is a proud husband and father, who enjoys spending quality time with his family, traveling, studying history, and rooting for his hometown Dodgers. CAI Educated Business Partner
Una Hart is a highly experienced Reserve Specialist, having completed more than 2,200 Reserve Studies and has worked in California, Nevada, Hawaii and internationally. Una joined Association Reserves in 2017, working for both the corporate and Los Angeles offices. She has an extensive background in technical reports, having worked as a technical writer for Walt Disney Imagineering the research and development arm of the Walt Disney Company, responsible for the creation, design, and construction of Disney theme parks and attractions worldwide. As such, Una brings a comprehensive understanding of electro-mechanical systems, construction and renovation as well as a commitment to research and attention to detail. Una has a long history of relationships built on trust, understanding that each property and each client is unique with its own timelines and leadership structure. Her expertise in the dynamics of each project is essential to her success. She enjoys spending time with her family, volunteering with a wolf rescue non-profit and exploring the many wine regions of Nevada and California. Carol Serrano has been a pillar of the Association Reserves family since 1994. Prior to that time, she worked for a major Southern California developer. Carol maintains and strengthens relations between the company and clients. She acts as the primary point of contact and her responsibilities include managing accounts, resolving issues and understanding the client needs. She works to have the operation running smoothly. Carol graduated from California State University, Northridge. In her spare time you may see her on the golf course or training for that next race.
