Hand placing money into a plastic piggy bank, symbolizing financial planning and reserve fund savings for HOA stability under the Davis-Stirling Act.

Reserve Studies for HOAs

Unlocking Reserve Studies: Understanding Reserve Fund Guidelines under the Davis-Stirling Act There are strict guidelines regarding the usage of Reserve Studies under the Davis-Stirling Act. The Davis-Stirling Act requires homeowners associations (HOAs) to create and distribute a reserve funding disclosure summary to each member annually, which is included in the annual budget. This requirement not…