Florida HOA Reserve Study
Chapter 720 for homeowners' associations, chapter 718 for condos. Learn what yours requires, then compare quotes from providers working in Florida.
Which law covers us?
Three taps decide what your reserve study has to cover.
Your answer appears here
Chapter 720: homeowners' association
Reserves are optional unless your declaration or a majority of all voting interests created them. No SIRS applies.
Next: check whether reserves were ever set up, then price a study for the shared property.
Chapter 718: condominium, no SIRS
Your budget must carry reserves for roof, painting, paving and big-ticket items, though owners can waive them by a majority of all voting interests.
Next: a reserve study gives the board defensible numbers for those required lines.
Chapter 718: condominium with a SIRS building
Each building of three or more habitable stories needs a structural integrity reserve study at least every 10 years, and its reserves cannot be waived.
Next: book the SIRS, ideally with your milestone inspection, and fund what it sets.
Not sure yet: start with what was recorded
The title of the recorded declaration decides it, and units without a condominium declaration may be a cooperative under chapter 719. Your manager, the county clerk's records or the association's attorney can confirm it.
Next: tell a provider what you know; it will check the documents before quoting.
What a study costs in Florida
Size drives the fee. A condo building of three stories or more adds a SIRS, priced per building.
The full cost guide| Community size | Typical fee | What it usually covers |
|---|---|---|
| Under 50 homes or units | $1,500 to $5,000 | One pool or clubhouse at most, short private roads |
| 50 to 150 | $2,000 to $8,000 | Gate, amenity center, some paving and drainage |
| 150 to 300 | $5,000 to $20,000+ | Several buildings or a long list of common elements |
| 300 and over | from $10,000 | Master associations and large campuses |
| SIRS, per building | $5,000 to $16,500+ | Condo buildings of three habitable stories or more; coastal towers run higher |
Typical ranges, rounded. A guide, not a quote.
The SIRS clock
Four dates for Florida condo boards, then a new SIRS at least every 10 years. SIRS in plain English.
2022
The post-Surfside law
SIRS and milestone inspections begin for condo buildings of three stories or more.
Dec 31, 2024
No more waivers
Budgets from this date cannot waive or cut SIRS reserves.
Dec 31, 2025
First SIRS due
Owner-run associations existing by July 1, 2022 finish their first study.
Dec 31, 2026
Outside date
The latest a first SIRS can land when paired with a milestone inspection.
ThenEvery 10 years
How a first study runs
Gather the records
Declaration, site plan, the last study and three years of budgets.
Compare proposals
Line up scope, site visit and delivery date, not only the fee.
The site visit
Roofs, garages, pools, paving and envelopes, each component photographed.
Adopt the plan
The board sets reserves from the funding plan at its budget meeting.
Get a quote for your association
Three short steps: where the community is and which law it sits under, how to reach you, then a few taps about the property.
We are a free matching service for Florida associations, not a reserve study firm. We pick one provider that works in your area, tell you its name, and pass on your request only once you agree. The firm pays us a fee for the introduction; the association pays us nothing.
Thank you. We have your request.
- By the end of the next business day we email or call with the name of one firm that works in your county.
- Say yes and your request goes to that firm. Say no and nothing is passed on.
- The firm asks for documents and sends a proposal. Your email is used for this request alone, with no newsletters.