Nevada Reserve Study
Quality Reserve Studies
Since 2001, Complex Solutions LTD. has been providing quality reserve studies to the Community Association industry in Nevada with the highest standard of customer service. By combining our commitment to accuracy and professionalism with our impeccable customer service, we deliver a level of service unequaled in the industry.
Nevada Reserve Studies
3215 East Warm Springs Road, Suite 400
Las Vegas, NV 89120
Tel: 702.361.0111 or 888.356.3783
Fax: 702.361.6685 or 866.279.9662
Complex Solutions Ltd. conducts reserve studies in all major cities in Nevada:
- Las Vegas
- North Las Vegas
Reserve Study Law Nevada
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.