Arizona Reserve Study Requirements (2026)

Arizona at a glance

Who must have a reserve study

We found no requirement to obtain a reserve study in the Arizona Condominium Act (A.R.S. Title 33, Chapter 9) or the Planned Communities Act (A.R.S. Title 33, Chapter 16). The only mentions of a reserve study are in the resale disclosure sections, which call for the most recent study "if any" [A.R.S. 33-1260, 33-1806]. (see sources)

Site inspection

We found no statewide rule on this in the statutes listed under Sources.

Structural inspections

We found no statewide rule on this in the statutes listed under Sources.

Reserve funding

A condominium association may adopt and amend budgets for revenues, expenditures and reserves (A.R.S. 33-1242). We found no required reserve funding level. (see sources)

Disclosure

On resale, the buyer must receive the most recent reserve study, if any, and financial statements covering operating and reserve accounts. A summary may be given if the study is longer than ten pages. This applies to condominiums (A.R.S. 33-1260) and planned communities (A.R.S. 33-1806). In communities with fewer than fifty units the seller delivers the documents. With fifty or more, the association does. (see sources)

Who may prepare the study

We found no statewide rule on this in the statutes listed under Sources.

What this means for boards

• With no statewide mandate confirmed here, check your governing documents and any lender requirements. They can require a study even where the statute does not.
• A current reserve study is still the usual way to show the board planned for major repairs with care.
• Keep the study, the board's funding decision and the reasons for it on record.
• Ask your association's attorney how the rules apply to your community.

What this means for reserve preparers

• Confirm which statute governs the association before you scope the work: condominium, planned community and cooperative acts often differ.
• Match the study level and site visit to what the statute requires.
• Cite the statute in the report so the board can see what the study satisfies.

How ReservePath handles Arizona

ReservePath supports full studies, updates with a site visit and updates without one, 30-year funding projections, and study renewal reminders based on the cycle you set for each study. It includes in-app compliance guidance for each state as a starting point. The preparer and the association's attorney remain responsible for confirming what the law requires.

Frequently asked questions

Does Arizona require a reserve study?

We found no requirement to obtain a reserve study in the Arizona Condominium Act (A.R.S. Title 33, Chapter 9) or the Planned Communities Act (A.R.S. Title 33, Chapter 16). The only mentions of a reserve study are in the resale disclosure sections, which call for the most recent study "if any" [A.R.S. 33-1260, 33-1806].

Does Arizona require reserves to be funded?

A condominium association may adopt and amend budgets for revenues, expenditures and reserves (A.R.S. 33-1242). We found no required reserve funding level.

What reserve information must be disclosed in Arizona?

On resale, the buyer must receive the most recent reserve study, if any, and financial statements covering operating and reserve accounts. A summary may be given if the study is longer than ten pages. This applies to condominiums (A.R.S. 33-1260) and planned communities (A.R.S. 33-1806). In communities with fewer than fifty units the seller delivers the documents. With fifty or more, the association does.

Sources

• A.R.S. 33-1260
• A.R.S. 33-1806
• A.R.S. 33-1242