SmartProperty® helps Texas HOAs and condominiums plan and fund their reserves. Texas doesn’t require a study, but resale certificates disclose your reserves and the board owes a duty of care. A study is how you meet both.
Reserve planning in Texas rests on the board’s powers, its fiduciary duty and what has to be disclosed at resale.
Board members must act with the care of an ordinarily prudent person. If a roof or foundation failure forces a special assessment the board never planned for, owners can claim a breach. A professional study shows the board was prudent.
Because resale certificates show reserves, a thin fund is visible to every buyer. Low or missing reserves can land an association on a lender’s ineligible list.
The Texas Legislature meets again in January 2027, and bill prefiling opens in November 2026. Reserve rules elsewhere and Fannie Mae’s 15% minimum keep the topic active.
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: Downtown Houston: David Daniel Turner, CC BY 4.0. Texas law summary is not legal advice. Confirm your association’s obligations with Texas counsel.