Kentucky Reserve Study Requirements (2026)

Kentucky at a glance

Who must have a reserve study

We found no reserve study requirement in the Kentucky Condominium Act (KRS 381.9101 to 381.9207), the older Horizontal Property Law (KRS 381.805 to 381.910) or the planned community statutes (KRS 381.785 to 381.801). (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

No statute we read requires a set level of reserves. For planned communities, the annual budget may include reserves for future repair and replacement of capital goods [KRS 381.790], and common expenses include any reserves for replacement of the common areas [KRS 381.796]. The Condominium Act lets the association adopt budgets for reserves [KRS 381.9167]. Under the older Horizontal Property Law, all co-owners must contribute toward replacement reserves of the general common elements [KRS 381.870]. (see sources)

Disclosure

On a condominium resale, the certificate the seller must furnish includes a statement of the amount of any reserves for capital expenditures and any portions designated for specific projects [KRS 381.9203]. (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 Kentucky

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 Kentucky require a reserve study?

We found no reserve study requirement in the Kentucky Condominium Act (KRS 381.9101 to 381.9207), the older Horizontal Property Law (KRS 381.805 to 381.910) or the planned community statutes (KRS 381.785 to 381.801).

Does Kentucky require reserves to be funded?

No statute we read requires a set level of reserves. For planned communities, the annual budget may include reserves for future repair and replacement of capital goods [KRS 381.790], and common expenses include any reserves for replacement of the common areas [KRS 381.796]. The Condominium Act lets the association adopt budgets for reserves [KRS 381.9167]. Under the older Horizontal Property Law, all co-owners must contribute toward replacement reserves of the general common elements [KRS 381.870].

What reserve information must be disclosed in Kentucky?

On a condominium resale, the certificate the seller must furnish includes a statement of the amount of any reserves for capital expenditures and any portions designated for specific projects [KRS 381.9203].

Sources

• KRS 381.9203
• KRS 381.9167
• KRS 381.796
• KRS 381.790
• KRS 381.870
• KRS chapter 381 index