Connecticut Reserve Study Requirements (2026)

Connecticut at a glance

Who must have a reserve study

The Common Interest Ownership Act and the older Condominium Act do not require a reserve study. (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

The board must give owners a budget summary that states the amount of any reserves and the basis on which reserves are calculated and funded (C.G.S. 47-261e). A declarant of a conversion condominium must provide adequate reserves for capital expenditures in the proposed budget (C.G.S. 47-88e). We found no general minimum funding level. (see sources)

Disclosure

The public offering statement must state the amount in the budget as a reserve for repairs and replacement, or that there is none (C.G.S. 47-264). A resale certificate must state the amount of any reserves for capital expenditures (C.G.S. 47-270). (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 Connecticut

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 Connecticut require a reserve study?

The Common Interest Ownership Act and the older Condominium Act do not require a reserve study.

Does Connecticut require reserves to be funded?

The board must give owners a budget summary that states the amount of any reserves and the basis on which reserves are calculated and funded (C.G.S. 47-261e). A declarant of a conversion condominium must provide adequate reserves for capital expenditures in the proposed budget (C.G.S. 47-88e). We found no general minimum funding level.

What reserve information must be disclosed in Connecticut?

The public offering statement must state the amount in the budget as a reserve for repairs and replacement, or that there is none (C.G.S. 47-264). A resale certificate must state the amount of any reserves for capital expenditures (C.G.S. 47-270).

Sources

• C.G.S. 47-261e
• C.G.S. 47-264
• C.G.S. 47-270
• C.G.S. 47-88e