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Reserve Studies in Richmond and Central Virginia

Richmond city, Henrico, Chesterfield and Hanover hold every kind of association, from converted warehouse condominiums downtown to suburban lake and golf communities. The state's community association regulator works from the same region.

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The regulator is local

DPOR

The Common Interest Community Board and the Office of the Common Interest Community Ombudsman both sit at the Department of Professional and Occupational Regulation, 9960 Mayland Drive, Richmond (annual report). Central Virginia sent 57 of the 310 complaints in 2024 to 2025.

What studies here tend to include

  • Older city buildings turned condominium. Masonry, flat roofs, freight elevators, sprinkler upgrades.
  • Suburban HOAs. Lakes and dams, clubhouses, pools, tennis courts, miles of common-area trail.
  • Age-restricted communities. Clubhouse systems and finishes that get heavy use.

Board checklist for Central Virginia

  1. Confirm the association's registration with the Common Interest Community Board is current.
  2. Find the date of the last study; count five years forward.
  3. If the community has a dam or large pond, tell the firm up front: it changes the scope.

Questions boards ask

Does the Common Interest Community Board approve reserve studies?

No. The board keeps the registration of associations and management firms, which is renewed every year (Fairfax County summary). The duty to have a study done sits with each association's own board.

We are in Chesterfield. Is there a county rule?

We know of no county reserve rule in the Richmond area. The state sections, 55.1-1826 and 55.1-1965, set the requirement.

How far ahead should we book?

Allow two to three months from proposal to final report, longer in the busy late-summer budget season.

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Start with the ZIP code. Contact details come second, and a handful of optional taps finish it off.

We are a matching service, not a reserve study firm. We choose one firm that works in your part of Virginia, tell you who it is, and pass your request on only if you agree.

Step 1 of 3

Where is the community?
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