What It Is
In Oregon, the reserve study is what condominium and planned-community associations under the state’s common-interest statutes are directed to prepare and keep current. Our Reserve Fund Study is that deliverable, prepared to recognized standards for the associations Oregon’s Condominium Act and Planned Community Act apply to.
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 expectations of Oregon’s governing legislation, so the obligations are applied the way your association actually lives under them.
The result is a report that holds up when an Owner, a lender, an insurer, or a prospective buyer reviews your documents, and one a volunteer Board can actually read and act on.
Full Reserve Fund Study details →Across the State
Oregon spans coast, valley, and high desert, and reserve planning should not stop at the edge of the Portland metro. We prepare Reserve Fund Studies for associations 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 associations in Oregon, before you request a proposal.
Oregon’s condominium and planned-community statutes generally direct associations to prepare a reserve study and to keep it current. Which framework applies, and the exact timing, depends on how your association was created and governed. We confirm precisely what applies to your community as part of the proposal.
Reserve Fund Study is the name OurCastle uses for the deliverable across every region we serve. In Oregon it is most often called a reserve study; in British Columbia the same work is the Depreciation Report named by 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. We are a Vancouver firm and we prepare Reserve Fund Studies for associations across Oregon, from Portland to Bend. Most of the engagement runs in a shared workspace, with the on-site inspection scheduled in your area, so distance and the border do not slow the work.
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 statutes and standards behind a reserve study in Oregon are public. Here are the primary sources we prepare to.