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Reserve Specialist (RS) Designation ApplicationAPPENDIX C: SAMPLE WORK PRODUCTPlease attach one full reserve study work product. One sample full reserve study must be submitted to demonstrate that
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01
Familiarize yourself with the requirements for becoming a reserve specialist.
02
Obtain any necessary certifications or training.
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Fill out the application form with accurate and up-to-date information.
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Submit the completed application form along with any required documents or fees.
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Who needs reserve specialist rsreserve specialist?

01
Property management companies
02
Homeowner associations
03
Real estate developers
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A reserve specialist is a professional who evaluates, prepares, and updates reserve studies for condominiums, homeowners associations, and other planned communities.
Reserve specialists are typically required to be filed by condominium associations, homeowner associations, and other planned communities that have common area assets.
To fill out reserve specialist rsreserve specialist, the reserve specialist needs to conduct a thorough investigation of the common area assets, assess their condition and remaining useful life, and prepare a detailed report outlining the funding plan for future repairs and replacements.
The purpose of reserve specialist rsreserve specialist is to help associations plan for and budget future repairs and replacements of common area assets, ensuring that they have adequate funds available when needed.
The reserve specialist report must include a detailed inventory of common area assets, their condition assessment, remaining useful life estimates, recommended funding plan, and any other relevant information.
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