SmartProperty® helps California associations meet the Davis-Stirling reserve study cycle and get ahead of AB 2050, which makes minimum reserve funding mandatory in 2032. Build the funding plan now and avoid a forced special assessment later.
California already mandates the study for nearly every common interest development. The 2026 law adds a funding requirement, with roughly five years to prepare.
An association that is underfunded in 2032 faces higher regular assessments or a special assessment. Starting step-ups now keeps the increases small and gradual.
For loan applications dated on or after January 4, 2027, Fannie Mae wants at least 15% of assessment income allocated to reserves, or a current study whose highest recommended contribution is funded. Baseline funding no longer qualifies.
SB 326 and SB 410 make balcony inspection reports association records and part of the resale package. Required repairs flow straight into the reserve plan.
A site-inspected study to start, then updates as costs and conditions change, so the board always has a current plan.
The Living Reserve Study® updates as projects are completed and costs change, so your plan is ready for the next update or budget.
Model higher contributions, special assessments, loans or lines of credit side by side before you take a recommendation to owners.
Atlas shows the cost data and useful-life assumptions behind every figure, so boards can answer owner questions with confidence.
See how the Living Reserve Study® works for your community, or tell us about your association and we’ll put together a proposal.
Photo via Wikimedia Commons: Golden Gate Bridge and San Francisco: Daniel L. Lu, cropped by King of Hearts, CC BY-SA 4.0. California law summary is not legal advice. Confirm your association’s obligations with California counsel.