Reserve Study Companies in Tennessee
Connect your Tennessee association with vetted reserve study professionals who understand SB863, HB750, and the real world costs of keeping your community safe, compliant, and fully funded.
Reserve study companies for Tennessee HOAs and condos
Use one simple request to reach multiple reserve study firms that already work in Tennessee. We match you with professionals who understand the new reserve study law, meet the “qualified preparer” standards, and build 30 year funding plans tailored to your property, not a generic spreadsheet.
- Through PropFusion, you can connect with reserve study companies that already work with:
- Condo and townhome associations
- Single family HOAs
- Master planned communities
- Mid and high rises
- Lake and mountain resort HOAs across Tennessee
Tennessee reserve study requirements in plain language
Tennessee’s new reserve study law requires qualifying condominiums governed by a unit owners’ association with common elements over $10,000 to complete a professional reserve study at least every five years and keep owners informed about reserve funding. For a detailed breakdown, timelines, and citations, see our Tennessee Reserve Study Law Guide.
Is a reserve study required in Tennessee?
Yes, for qualifying condominiums governed by a unit owners’ association whose common elements have an aggregate replacement cost above $10,000, a professional reserve study is now required, with deadlines tied to whether a prior study was completed and when.
How often must Tennessee associations update their reserve study?
Tennessee law requires a new or updated professional reserve study at least every five years. Many boards choose a three to five year cycle so they can keep costs, inflation, and project scopes current between statutory milestones.
Who counts as a “qualified” reserve study preparer under Tennessee law?
To comply, the reserve study must be prepared either by a CAI credentialed reserve specialist or by a licensed professional engineer or architect, or a similarly credentialed professional recognized by a national organization.
Does this law only apply to condos, or to all HOAs in Tennessee?
The statute is written around unit owners’ associations in the condominium context. Many non condo HOAs voluntarily follow the same five year reserve study cycle because it reassures lenders and buyers and reduces the risk of special assessments, even when not strictly required.
Types of reserve studies our Tennessee partners offer
Level 1 – Full reserve study
A complete physical and financial analysis: on-site inspection, component inventory, remaining useful life, and a 20–30 year funding plan.
Level 2 – Update with site visit
A refresh of your existing reserve study with a new inspection, updated costs, and revised funding recommendations.
Level 3 – Update without site visit
A financial update that uses your prior study and updated financial data to adjust funding paths between full site inspections.
Tennessee law compliant reserve study
A Tennessee focused reserve study built to meet SB863 and HB750 standards, prepared by a qualified reserve professional, engineer, or architect. It follows nationally recognized reserve study standards, documents your compliance decisions, and gives you a clear five year update roadmap.
Tennessee coverage from Memphis to the Tri Cities
Wherever your community is located in Tennessee, we connect you with reserve study firms that actually work there and understand local construction, climate, and cost realities.
- Typical areas covered include:
- Middle Tennessee – Nashville, Franklin, Brentwood, Murfreesboro, Clarksville, Hendersonville, Gallatin
- East Tennessee – Knoxville, Chattanooga, Johnson City, Kingsport, Sevierville, Pigeon Forge, surrounding resort and mountain communities
- West Tennessee – Memphis, Germantown, Collierville, Jackson, surrounding suburbs and small town HOAs
- Lake and river communities – communities along the Tennessee River, Cumberland River, and major TVA lakes with marinas, docks, and shoreline infrastructure
- College and urban cores – associations in and around Knoxville, Nashville, Chattanooga, and Memphis with parking structures, elevators, and mixed use buildings
When Tennessee associations typically hire a reserve study company
Most Tennessee boards come to the marketplace when they are facing a deadline, a big project, or pressure from owners and lenders. These are the most common triggers.
The SB863 deadline or five year mark is approaching
Boards that are subject to Tennessee’s reserve study law use our marketplace to get compliant before their initial or five year update deadline, without spending weeks searching for firms on their own.
Major projects are coming up
Roof replacements, elevator modernizations, parking lot rebuilds, and clubhouse renovations in Tennessee can all run into six figures. Boards often request proposals one to two years before these projects to double check timing and funding levels.
New leadership wants a clean starting point
After a contested election or significant board turnover, new directors frequently commission a fresh reserve study so everyone can see an objective 30 year roadmap, separate from the past board’s assumptions.
Lenders and buyers are asking tougher questions
Mortgage lenders and prospective buyers increasingly want to see recent reserve studies and reasoned funding plans, especially now that Tennessee has made reserve studies mandatory for many condominiums. Boards use the marketplace to make sure they have current documentation ready.
Past reports are outdated or incomplete
Some Tennessee communities have only a basic spreadsheet or a report that is more than a decade old. They come to our network to upgrade to a modern, standards based reserve study that can be updated every five years.
What a Tennessee reserve study company delivers
While every firm has its own style, the providers in our network deliver a consistent set of outputs so your board can rely on the results and plan with confidence.
On-site inspection of major components
Visual review of roofs, waterproofing, structure, exterior finishes, pavement, mechanical systems, amenities, and other shared components.
Component inventory & useful life estimates
A detailed list of common-area components, quantities, remaining useful life, and estimated replacement/repair costs.
30-year funding plan
Year-by-year projections showing recommended reserve contributions, projected expenses, and forecast reserve balances, so you can see the impact of different dues levels over time.
Compliance ready Tennessee disclosures
A summary section that makes it easier to demonstrate that your association has obtained a professional reserve study from a qualified preparer, is following a documented five year update cycle, and has considered the funding recommendations in its annual budgeting process.
Board-ready PDF report
A report that can be attached to budgets, resale certificates, and owner communications, and that will stand up to questions from lenders, auditors, and regulators.
Online reserve planning workspace
Alongside the PDF report, your reserve study is loaded into an online dashboard where your board can test what-if funding scenarios, see upcoming investment opportunities, and manage capital projects over time.
Compare multiple reserve study companies in Tennessee with one request
Share your community details
Tell us about your association’s location, property type, number of units, and any upcoming projects or concerns.
We match you with vetted firms
We route your request to reserve study companies that actively work in your state and fit your size and building type.
Compare proposals side by side
You receive multiple proposals outlining scope, pricing, and timelines so you can compare options without chasing firms yourself.
Hire your preferred provider
You choose the company you want to work with. They perform the study and deliver the report. You keep full ownership of the results and can use them with any budgeting tools or processes you prefer.
What Tennessee boards say
“ Our condo board in Knoxville was overwhelmed by the new Tennessee reserve study law and the five year update requirement. Using PropFusion, we compared several qualified firms side by side, understood how each would address our high rise systems, and selected a partner that helped us get compliant without derailing our budget process. ”
“ We submitted one request and heard from three qualified Tennessee reserve firms in a few days. It saved our board weeks of calling around. ”
Tennessee HOAs and condos have requested proposals through our marketplace.
vetted reserve study professionals covering communities across Tennessee.
“ Having multiple Tennessee proposals made it simple to explain the chosen reserve budget to skeptical owners at our annual meeting. ”
“ As a self managed HOA outside Nashville, we worried we had waited too long to deal with SB863. Through the marketplace we quickly received multiple proposals, chose a firm that knew Tennessee building conditions, and now have a clear 30 year funding plan the entire board supports. Owners finally feel confident we will not be blindsided by special assessments. ”
Frequently asked questions
Do we need a Tennessee based reserve study company, or is an out of state firm acceptable?
Tennessee law focuses on qualifications, not mailing address. Many associations prefer a firm that already works in Tennessee and understands local construction and climate, but what really matters is that the preparer meets the law’s credential requirements and follows recognized reserve study standards.
How much does a reserve study typically cost in Tennessee?
Pricing depends on size and complexity, but most HOAs and condos can expect a range from a few thousand dollars for smaller communities to significantly more for large, complex properties. Requesting multiple proposals through the marketplace is the fastest way to see realistic pricing for your specific association.
Are Tennessee HOAs that are not condominiums required to follow SB863 / HB750?
The current statutes are written around condominium unit owners’ associations meeting the common element cost threshold. Many non condo HOAs are not directly covered but still commission regular reserve studies to reduce risk, satisfy lenders, and align with best practices.
How far in advance should we request reserve study proposals before our deadline?
Most boards start the process three to six months before their desired completion date so they can compare firms, sign a contract, schedule the site visit, and have time to review the draft before finalizing the report.
What information should our board gather before hiring a reserve study company?
Have governing documents, recent financials and budgets, prior reserve studies, major project history, maintenance contracts, and any building plans or warranties ready. The more information you provide, the more accurate the component list and funding projections will be.
Can one reserve study satisfy both Tennessee’s law and our lender’s documentation requests?
Yes. A professional, standards based reserve study prepared by a qualified individual can be used both to demonstrate that your association is following Tennessee’s reserve study requirements and to satisfy most lender and buyer documentation requests.
How does PropFusion stay involved after we pick a reserve study firm?
Your report becomes a living plan inside our platform, so you can revisit component timelines, experiment with funding scenarios, track upcoming projects, and be ready for your next five year update without starting from scratch.
Get proposals from reserve study companies in Tennessee
If your board is planning big projects, worried about reserves, or simply wants a clear long-term funding plan, this is the time to bring in a professional reserve study company.
