Arkansas Reserve Study Requirements (2026)

Arkansas at a glance

Who must have a reserve study

We found no reserve study requirement in the Arkansas Horizontal Property Act, the state's condominium statute [Ark. Code 18-13-101 to 18-13-120]. The act does not mention reserve funds or reserve studies. (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

We found no reserve funding requirement in the Arkansas Horizontal Property Act. Unit owners must pay their share of the expenses of administration, maintenance and repair of the common elements [Ark. Code 18-13-116]. (see sources)

Disclosure

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

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 Arkansas require a reserve study?

We found no reserve study requirement in the Arkansas Horizontal Property Act, the state's condominium statute [Ark. Code 18-13-101 to 18-13-120]. The act does not mention reserve funds or reserve studies.

Does Arkansas require reserves to be funded?

We found no reserve funding requirement in the Arkansas Horizontal Property Act. Unit owners must pay their share of the expenses of administration, maintenance and repair of the common elements [Ark. Code 18-13-116].

Sources

• Ark. Code 18-13-101 to 18-13-120 (Horizontal Property Act), FindLaw copy current as of March 28, 2024
• Ark. Code 18-13-108 (administration and bylaws)
• Ark. Code 18-13-116 (expenses and assessments)
• Act 516 of 2025 (SB 323), amending Ark. Code 18-13-102, 18-13-103, 18-13-104, 18-13-112 and 18-13-116