California Laws · Reserve Requirements

Reserve Requirements in California

Statutory requirements for reserve studies, reserve funding, component inventory, funding plans, and board fiduciary duty regarding major repair and replacement obligations.

12 tracked authorities in the California legal corpus.

Statutes (10)

Cal. Civ. Code §4525 — Documents to be Provided to Prospective Purchasers — Davis-Stirling Act
Cal. Civ. Code §5300 — Annual Budget Report — Required Disclosures
Cal. Civ. Code §5305 — Annual Financial Review — CPA Threshold
Cal. Civ. Code §5502 — Reserve account transfers — Board authorization required
Cal. Civ. Code §5550 — Reserve Study Requirements
Cal. Civ. Code §5551 — Inspection of exterior elevated elements — SB 326
Cal. Civ. Code §5560 — Reserve disclosure summary — Annual delivery
Cal. Civ. Code §5570 — Assessment and Reserve Funding Disclosure Summary
Cal. Prob. Code §15000 — California Trust Law — Applicability
Cal. Prob. Code §16000 — Duty of trustee to administer trust

Case Law (2)

Affan v. Portofino Cove HOA (2010)
Lamden v. La Jolla Shores (1999)

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Legal references verified against official California sources. This content is educational and informational. It does not constitute legal advice.