What It Is
In Alberta, the reserve study is the Reserve Fund Study. Condominium corporations are required to prepare and maintain one under the Condominium Property Act and its regulations, renewed on the cycle the legislation sets.
A Reserve Fund Study maps every major common asset: its observable condition, remaining service life, and projected renewal cost. We prepare yours to recognized reserve-planning standards and to the requirements of the Condominium Property Act, so the terminology and the obligations are applied the way your corporation actually lives under them.
The result is a report that holds up when an Owner, a lender, or an insurer reviews your documents, and one a volunteer Board can actually read and act on.
Full Reserve Fund Study details →Across the Province
Alberta’s condominium corporations are concentrated in its two major cities but extend well beyond them. We prepare Reserve Fund Studies for corporations across every region, with the on-site inspection scheduled in your area.
How It Works
One credentialed analyst from proposal to final report, and back again on your update cadence.
A tailored proposal, then a simple intake and a shared document workspace to gather your records.
An on-site assessment of every major component, documented with photographs.
The long-range model, a draft report, and a presentation meeting to walk your Board through it.
Your feedback shapes the final. We return on the cadence your governing legislation sets.
When You Need One
Related Services
Beyond Compliance
Built on the Reserve Fund Study foundation: reserve and operating budgets modeled together, property improvements weighed beside required renewals, and timing shaped around what your community actually wants.
Explore the Asset Management PlanOwner's Advocate
When a renewal in the forecast becomes a live project, an Owner's-side coordinator keeps it moving against the plan without becoming a second job for the Board.
Explore Project LiaisonCommon Questions
Straight answers on obligation, terminology, timing, and reach for condominium corporations in Alberta, before you request a proposal.
In Alberta, condominium corporations are required to prepare and maintain a Reserve Fund Study under the Condominium Property Act and its regulations, and to renew it on the cycle the legislation sets. The specifics and any exemptions vary with a corporation’s size and circumstances. We confirm exactly what applies to your corporation as part of the proposal.
It is the same deliverable under a different name. In Alberta the reserve study is the Reserve Fund Study, prepared under the Condominium Property Act. In British Columbia the equivalent is the Depreciation Report under the Strata Property Act. The terminology follows the jurisdiction; the underlying work, a component inventory, a condition inspection, and a long-range funding forecast, is the same.
Likely yes. Beyond the renewal cycle your legislation requires, costs shift, components age in ways the last study could not foresee, and your community’s priorities change. Keeping the study current is what makes it a reliable basis for setting contributions and planning renewals.
Yes. Most of the engagement runs in a shared workspace, with the on-site condition inspection scheduled in your area, so a condominium in Calgary or Edmonton gets the same attention as a building closer to home. We prepare each study to recognized standards and to Alberta’s Condominium Property Act, and confirm the requirements that apply to your corporation as part of the proposal.
No, but digital drawings meaningfully improve the accuracy of quantity and layout assumptions. If your records are missing or outdated, that is common, and we work from what is available while noting where drawings would sharpen the estimate.
Often, yes. Many funders accept a Reserve Fund Study as part of a capital funding request. If you need more tailored funding models or risk framing for a specific application, an Asset Management Plan is the better fit.
For Reference
The standards and obligations behind a Reserve Fund Study in Alberta are public. Here are the primary sources we prepare to.