New Hampshire Reserve Study Requirements (2026)

New Hampshire at a glance

Who must have a reserve study

We found no reserve study requirement in the New Hampshire Condominium Act, RSA chapter 356-B. (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. The Act refers to reserves created under the condominium instruments. (see sources)

Disclosure

Within 30 days after adopting a proposed budget, the board must give all unit owners a budget summary that includes any reserves and a statement of the basis on which any reserves are calculated and funded (RSA 356-B:40-c). On a resale, the association's statement must cover the status and amount of any reserve for the major maintenance or replacement fund and any part earmarked for a project, plus capital expenditures expected in the current or next 2 fiscal years (RSA 356-B:58). (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 New Hampshire

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 New Hampshire require a reserve study?

We found no reserve study requirement in the New Hampshire Condominium Act, RSA chapter 356-B.

Does New Hampshire require reserves to be funded?

No statute we read requires a set level of reserves. The Act refers to reserves created under the condominium instruments.

What reserve information must be disclosed in New Hampshire?

Within 30 days after adopting a proposed budget, the board must give all unit owners a budget summary that includes any reserves and a statement of the basis on which any reserves are calculated and funded (RSA 356-B:40-c). On a resale, the association's statement must cover the status and amount of any reserve for the major maintenance or replacement fund and any part earmarked for a project, plus capital expenditures expected in the current or next 2 fiscal years (RSA 356-B:58).

Sources

• RSA 356-B:40-c
• RSA 356-B:58
• RSA 356-B:3, III