Louisiana Reserve Study Requirements (2026)

Louisiana at a glance

Who must have a reserve study

We found no reserve study requirement in the Louisiana Condominium Act or in the Louisiana Planned Community Act as enacted by Act 158 of 2024. (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. A condominium association may adopt budgets for reserves [R.S. 9:1123.102], and condominium bylaws may provide for reserves [R.S. 9:1123.106]. For planned communities with more than 25 lots, the board must give lot owners a summary of the proposed budget, including any reserves, and a statement of the basis on which any reserves are calculated and funded [R.S. 9:1141.34]. (see sources)

Disclosure

The condominium public offering statement must say how much, if anything, the budget includes as a reserve for repairs and replacement (R.S. 9:1124.102). On a condominium resale, the seller must give a statement of the amount of any reserves for capital expenditures and any portions designated for specific projects (R.S. 9:1124.107). (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 Louisiana

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 Louisiana require a reserve study?

We found no reserve study requirement in the Louisiana Condominium Act or in the Louisiana Planned Community Act as enacted by Act 158 of 2024.

Does Louisiana require reserves to be funded?

No statute we read requires a set level of reserves. A condominium association may adopt budgets for reserves [R.S. 9:1123.102], and condominium bylaws may provide for reserves [R.S. 9:1123.106]. For planned communities with more than 25 lots, the board must give lot owners a summary of the proposed budget, including any reserves, and a statement of the basis on which any reserves are calculated and funded [R.S. 9:1141.34].

What reserve information must be disclosed in Louisiana?

The condominium public offering statement must say how much, if anything, the budget includes as a reserve for repairs and replacement (R.S. 9:1124.102). On a condominium resale, the seller must give a statement of the amount of any reserves for capital expenditures and any portions designated for specific projects (R.S. 9:1124.107).

Sources

• La. R.S. 9:1123.102
• La. R.S. 9:1123.106
• La. R.S. 9:1124.102
• La. R.S. 9:1124.107
• La. R.S. 9:1141.34
• Act 158 of 2024 (Louisiana Planned Community Act, enrolled text)