MAINTENANCE MANAGEMENT OF HOMEOWNERS ASSOCIATIONS
Dear Board of Directors,
Thank you for your inquiry about our COMPONENT AND RESERVE FUND ANALYSIS service. Enclosed, please find descriptive information about our analysis process.
We perform our Reserve Analysis Studies to meet and exceed the requirements of California Civil Codes 1365.5 and 1365.2.5. Our work is also done in compliance with the standards set by the Association of Professional Reserve Analysts. We assure you that a decision to work with us will provide you with the highest value and the best Component Replacement Analysis and Reserve Fund report available. The typical scenario is as follows:
We gather association information resulting in:
A project proposal
If proposal is accepted additional information will be gathered prior to on-site work:
Association vital information
Financial information
Site map
Existing component list, if available
Recommended hotel/motel facilities (if applicable for out of town work)
Scheduling on-site inspection
3. On-site inspection
a. Initial management meeting
Meeting with Maintenance Supervisor
Review maintenance records
Inspection work to identify and evaluate components
Meeting to establish dates to component
4. We prepare Analysis and Preliminary Draft
5. Your review of Preliminary Draft
Component information, dates, costs, addition, deletion or corrections
Input for adjustment of Funding Plan
c. Approval of Preliminary Draft
6. Final Report
Transmitted via e-mail. Printed copy available upon request.
Financial Summary disclosure document for distribution in compliance with Statute 1365.2.5.
We will look forward to hearing from you and hope that we will have the opportunity to work with you and your association.
RESERVE ANALYSIS CONSULTING, LLC – 3030 BRIDGEWAY , 330 – SAUSALITO, CA 94965
(415) 332-7800 - Fax (415) 332-7800 - e-mail : tomo@reserveranalysis.com