Connecticut HOA reserve study requirements

A plain-language summary of Conn. Gen. Stat. § 47-261e. Last checked October 2026.

Who it applies to: Common interest communities under the Common Interest Ownership Act. Older condominiums may fall under the separate Condominium Act of 1976.
How often: Every year, with the budget. The act does not mention a reserve study.
Who can prepare it: The act does not name a preparer.
What it must contain: The budget summary sent to owners must include "a statement of the amount of any reserves, and a statement of the basis on which such reserves are calculated and funded".

Can a board do its own reserve study in Connecticut?

Board may prepare it

Connecticut's act requires the board to tell owners how much is in reserves and how that amount was calculated, but not to commission a study. The workbook produces that calculation.

Your governing documents may set stricter rules than the statute. Check them too.

The workbook

Reserve Study Kit is an Excel workbook that builds a 30-year reserve funding plan from your component list: every year's balance, percent funded, and the contribution that keeps you above your minimum.

See how it works

Source

Conn. Gen. Stat. § 47-261e. Read the statute itself before relying on this summary.