Reserve Study Companies in Utah
Compare vetted reserve study firms across Utah and get multiple proposals for your HOA or condominium from a single request, so you can plan long term projects and stay compliant with Utah’s reserve analysis rules.
Reserve study companies for Utah HOAs and condos
Utah communities are dealing with rapid growth, harsh freeze thaw cycles, and specific reserve analysis requirements under state law. Through PropFusion, you can connect with reserve study companies that understand Utah’s climate, construction types, and legal obligations, so your next study is both practical and compliant.
- Through PropFusion, you can connect with reserve study companies that already work with:
- Utah condominiums
- Single family HOAs
- Townhome communities
- Master planned communities
- Mixed use and resort associations from Logan to St. George
Utah reserve study requirements in plain language
Utah law requires most condo and community associations to conduct a reserve analysis at least every six years and review it at least every three years, then present it to owners with a vote on how to fund reserves. For full details, see the Utah Reserve Study Requirements Law Guide, including how Utah Code 57-8-7.5 and 57-8a-211 apply to your association.
Are reserve studies required in Utah?
Yes. Utah statutes require a reserve analysis for both condominium and community associations, with a full study at least every six years and a review at least every three years, unless your documents are stricter.
How often do Utah communities update their reserve study in practice?
Most Utah associations follow the legal minimum of a full study every six years with interim reviews every three years, but many high rise, resort, or amenity heavy communities update more frequently to keep pace with construction costs.
Who can perform a reserve analysis in Utah?
The board may conduct the reserve analysis itself or hire a professional, but most associations rely on independent reserve study companies or engineers for objectivity, better cost data, and lender confidence.
Does Utah require boards to fully fund reserves?
No. Utah law requires a formal reserve analysis and owner vote on whether and how to fund reserves, but it does not mandate a specific funding level. Boards still have fiduciary risk if they ignore obvious shortfalls.
Types of reserve studies our Utah 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.
Utah reserve analysis and funding plan reviews
Shorter cycle engagements focused on meeting Utah’s six year and three year reserve analysis rules, recalibrating your funding plan, and preparing a clear owner presentation and vote on reserve contributions.
Utah coverage from the Wasatch Front to Southern Utah
You do not need to run a separate search for every city. PropFusion’s marketplace includes reserve study companies that serve Utah’s urban cores, ski and resort communities, and fast growing suburbs.
- Typical areas covered include:
- Wasatch Front: Salt Lake City, West Valley City, West Jordan, Sandy, Draper, Layton, Ogden, Bountiful
- Utah County and tech corridor: Provo, Orem, Lehi, Saratoga Springs, American Fork, Spanish Fork
- Northern Utah: Logan, Brigham City, Box Elder and Cache County communities
- Mountain and resort areas: Park City, Summit County, Heber City, Midway and nearby ski communities
- Southern Utah: St. George, Washington, Hurricane, Cedar City and surrounding HOA and resort developments
When Utah associations typically hire a reserve study company
Utah boards usually bring in a reserve study firm when they need more than a “check the box” analysis. Common triggers include:
Legal deadlines are approaching
You are nearing the six year mark since your last full reserve study or the three year review window and want a compliant, defensible reserve analysis before presenting it to owners.
Major projects are on the horizon
Roof replacements, asphalt and concrete work, clubhouse or pool renovations, elevator or mechanical upgrades, and snow damage repairs are looming, and the board wants a clear plan instead of emergency special assessments.
Turnover from developer to owners
Control is shifting to the owners, and the new board wants an independent look at reserves, construction quality, and long term funding needs before signing off on the developer’s budget assumptions.
After rapid growth or community changes
Phased developments have added new units, amenities have expanded, or maintenance responsibilities have shifted to the association, and you need to reset the component list and funding path.
Before financing, refinancing, or insurance reviews
Lenders, buyers, and carriers are scrutinizing reserve levels and capital plans more closely, especially in Utah’s higher cost markets and mountain communities. A current, professional reserve study can reduce friction in these reviews.
What a Utah reserve study company delivers
Most reserve study providers serving Utah follow national reserve study standards and incorporate Utah’s specific reserve analysis rules into their reports. In practice, you can expect:
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 Utah reserve analysis summary
A concise summary that mirrors Utah’s expectations for reserve analysis disclosure, making it easier to present the study to owners, document the annual vote on funding, and respond to questions from auditors, managers, and counsel.
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 Utah 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 Utah boards say
“Our reserve analysis was overdue and nobody wanted to guess at funding. The marketplace walked us through a simple intake, then delivered multiple Utah based proposals we could compare line by line. Owners were far more comfortable approving the new budget.”
“Three Utah proposals in under a week. Our board finally had real options and picked a firm that understood snow loads, aging roofs, and our long term budget limits.”
Utah HOAs and condos have requested proposals through our marketplace.
vetted reserve study professionals covering communities across Utah.
“Instead of cold calling engineers, we shared one brief and compared clear, apples to apples Utah proposals. It saved us weeks and a lot of second guessing.”
“We manage several HOAs along the Wasatch Front. Having a single place to request proposals for each community, see timelines, and compare scope has been a game changer. Boards like that they can choose between local Utah firms and regional specialists without extra work.”
Frequently asked questions
Do Utah HOAs need to hire a reserve study company located in Utah?
The statutes do not require a Utah based firm, but providers must understand Utah’s reserve analysis rules and local construction costs. Most boards prefer firms that already work along the Wasatch Front or in comparable Utah communities.
How much does a reserve study typically cost in Utah?
Utah reserve studies often range from about 2,500 to 10,000 dollars depending on size and complexity, with large, amenity rich or multi phase communities at the higher end. Getting multiple proposals is the only reliable way to know if a quote is high or low.
How long does it take to complete a reserve study in Utah?
Most firms deliver a full reserve study within 2 to 6 weeks from site visit to final report, depending on scheduling, weather, and how quickly the board provides documents and answers.
Can our Utah board do the reserve analysis ourselves?
Utah law allows the board to perform the reserve analysis, but in practice most associations hire a professional for objectivity, credible cost data, and better support when owners, lenders, or regulators ask questions.
How often should Utah boards update their reserve study?
At minimum, plan on a full professional reserve study every six years, with a review and update at least every three years. Some higher risk or rapidly changing communities update more frequently to keep budgets aligned with reality.
How does PropFusion make money if proposals are free for Utah associations?
The marketplace is free for boards and managers. We earn revenue by working with reserve study providers and software customers, so you can focus on comparing Utah proposals without hidden fees or markups.
What information should we prepare before requesting proposals?
Have your governing documents, most recent reserve study or capital plan, current budget, insurance details, and a basic component list ready. A clear brief helps Utah firms price accurately and shortens the overall timeline.
Get proposals from reserve study companies in Utah
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.
