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Aerial view of a cul-de-sac of houses and lawns in an HOA neighborhood

North Carolina Reserve Studies

Reserve study quotes for North Carolina condominium and HOA boards, from providers who cover your part of the state.

What the two Acts say about reserves

None
Reserve studies or minimum reserves that state law requires of an association.
1986
Condominiums created after October 1, 1986 fall under the Condominium Act, Chapter 47C.
1999
HOAs created on or after January 1, 1999 fall under the Planned Community Act, Chapter 47F.
Majority
Of all lot owners is needed to reject a budget the board adopts.

Sources: North Carolina General Statutes, Chapter 47C, Chapter 47F and G.S. 47F-3-103. The Acts explained

Does your board need a study?

The law leaves it to you, your documents and your lenders. Three questions give a straight answer.

1What kind of association is it?
2Do your declaration or bylaws mention a reserve study?
3What is coming up in the next few years?

Your answer appears here once all three are chosen.

What a study costs here

Fees follow how much the association owns, not the region.

Full study with a site visit. Typical ranges, a guide, not a quote.
CommunityTypical fee
Townhome or patio-home HOA$1,500 to $4,000
Amenity planned community$3,000 to $8,000
Garden or low-rise condominium$3,000 to $7,500
Mid-rise, high-rise or oceanfront condo$7,000 to $16,000

Full fee table and update costs

Where the work differs

How a quote reaches you

  1. Tell us the ZIP code, the kind of community and when it last had a study.

  2. Within one working day we name the provider who covers your area.

  3. The provider asks for your documents and gives you a written fee.

Asking costs the association nothing. How this site works and questions boards ask.

Get a quote for your community

Three short steps. Tell us where the community is, what it is made of, and how to reach you, and we will come back within one working day.

We introduce boards to reserve study providers at no charge and prepare no studies ourselves. You hear the provider's name first, and your details stay put until then.

Step 1 of 3

Where is the community, and who is asking?

You are a

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