Virginia Reserve Studies
Virginia law allows five years at most between reserve studies. Tell us about your community and we will introduce a firm to quote it.
When is your next study due?
Set the year of your last study. Both acts allow five years at most (55.1-1826 B, 55.1-1965 B).
On track: the next study is due in 2027, one year from now.
Get a quoteDrag across the years, tap one, or use the arrow keys.
Which Virginia act covers you?
Two statutes, nearly the same reserve duty.
Property Owners' Association Act Va. Code 55.1-1800 and following
- Who it covers
- Subdivisions, townhouse communities and master associations under a recorded declaration.
- Study rule
- A study at least every five years, reviewed yearly, with the budget adjusted to match (55.1-1826).
- At resale
- The certificate shows reserve balances and the current study or a summary (55.1-2310).
Virginia Condominium Act Va. Code 55.1-1900 and following
- Who it covers
- Unit owners’ associations of garden, mid-rise and high-rise condominiums.
- Study rule
- The same five-year duty, unless the condominium instruments say otherwise (55.1-1965). Read the declaration.
- At resale
- The same certificate, with the same reserve items, on the form the Common Interest Community Board sets.
The law guide lists what each annual budget must show.
What a Virginia study costs
Size sets most of the fee. A tower with elevators and a garage takes longer to inspect than a townhouse row twice its size.
| Community | Typical fee |
|---|---|
| Under 50 homes | $1,500 to $5,000 |
| 50 to 150 homes | $2,000 to $8,000 |
| 150 to 300 homes | $5,000 to $20,000 |
| Over 300 homes | From $10,000 |
| High-rise condominium | $7,000 to $15,000+ |
Typical ranges, a guide, not a quote. No government or trade body publishes fee figures.
How it gets done
Tell us about the community
ZIP code, type of association, number of homes and the last study date.
We name one firm
By the next business day. Nothing is sent until you say yes.
The firm scopes it
It reviews your documents and sends a fee and a site-visit date.
Report before the budget
Components, costs and a funding plan, ready for the yearly review.
Get a quote
Start with the ZIP code. Contact details come second, and a handful of optional taps finish it off.
We are a matching service, not a reserve study firm. We choose one firm that works in your part of Virginia, tell you who it is, and pass your request on only if you agree.
Thanks, that is everything we need.
- Within one business day you get a call or an email from us naming the firm we have in mind for your community.
- If you agree, your request goes to that firm. If not, it stays with us and is deleted on schedule.
- The firm collects your documents, sets a visit date and prices the job. No newsletters, ever.