Condo reserve funding
Condo reserve funding rules, state by state
How condo reserve funding rules compare across United States states — each explainer translates the governing statute into plain language with the source cited. Not legal advice.
Delaware condo reserve funding rules, in plain language
How Delaware's Uniform Common Interest Ownership Act and legacy Unit Property Act handle condominium reserves — with minimum-percentage budget allocations, a reserve-study framework, and phase-in timelines for older communities — and what that means for a condo board, owner, or buyer.
District of ColumbiaDistrict of Columbia condominium reserve funding rules, in plain language
How the D.C. Condominium Act actually handles reserves — through association budget and assessment authority plus a resale-disclosure requirement — and what it means that there is no statutory reserve-study cycle for a board, owner, or buyer.
FloridaFlorida condominium reserve funding rules, in plain language
How Florida's Chapter 718 condominium statute actually handles reserves — through a default budget framework, a member-vote waiver mechanism for some reserves, and the post-Surfside Structural Integrity Reserve Study regime that makes certain reserves non-waivable — and what all of that means for a board, owner, or buyer.
MarylandMaryland condominium reserve funding rules, in plain language
How Maryland's Condominium Act actually handles reserves — through a mandatory reserve study, funding at the study-recommended level with a five-year ramp-up, county-by-county phase-in dates, and a narrow board-level hardship exception — and what that means for a board, owner, or buyer.
New JerseyNew Jersey condominium reserve funding rules, in plain language
How New Jersey's Condominium Act actually handles reserves — through mandatory fund-handling and accounting rules for reserve funds once identified, without itself imposing a reserve-study cadence or funding formula — and what that means for a board, owner, or buyer alongside the separate PREDFDA reserve-study overlay.
North CarolinaNorth Carolina condominium reserve funding rules, in plain language
How North Carolina's Condominium Act actually handles reserves — through board budget authority, offering-statement disclosure that the reserve amount may be zero, and a majority-of-all-owners budget rejection mechanism, without a statutory reserve-study or funding mandate — and what that means for a board, owner, or buyer.
PennsylvaniaPennsylvania condominium reserve funding rules, in plain language
How Pennsylvania's Uniform Condominium Act actually handles reserves — through mandatory disclosure of the reserve amount or its absence in offering statements and resale certificates, with statutory protection against pledging reserve funds, but no reserve-study mandate or minimum funding rule — and what that disclosure-driven posture means for a board, owner, or buyer.
VirginiaVirginia condominium reserve funding rules, in plain language
How Virginia's Condominium Act actually handles reserves — through a mandatory five-year reserve study that condo instruments can vary — and what that instrument-variation clause means for a board, owner, or buyer reading a specific declaration.
Next step
Apply condo reserve funding rules to a specific HOA
This page explains the rules state by state. The next step is putting them against a real budget or association — pick the option that fits.