Our team at Complex Solutions LTD. is renowned for its 20+ years of experience providing high quality reserve studies to Nevada's Community Association industry. Benefit from our vast expertise by hiring us to craft a comprehensive reserve study for your property. All you need to do is contact us today; we are happy to guide you through every step of the way.
Complex Solutions
Nevada Reserve Studies
3203 East Warm Springs Road, Suite 200
Las Vegas, NV 89120
Our reputation, over 20 years of experience, and decades of collective wisdom makes trusting us the best decision you can make. Allow our experts to take care of your reserve study needs.
The common interest ownership act requires an association to establish adequate reserves, funded on a reasonable basis, for the repair, replacement and restoration of the major components of the common elements. Section 116.3115.
Additionally, the executive board of an association is required to conduct a study of reserves at least every five years, review the study to determine if reserves are sufficient, and adjust reserves, if necessary.
The statute specifies how the study is to be conducted. Section 116.31152. A public offering statement must include a budget which has a statement of the amount included in the budget as reserves. Section 116.4103.
The Nevada Real Estate Division requires reserve study consultants to hold a Reserve Study Specialist license in order to conduct reserve studies for Homeowner Associations in the state of Nevada. Complex Solutions Ltd. holds the Reserve Study Specialist designation credential #RSS.0000004.