West Virginia Reserve Study Requirements (2026)

West Virginia at a glance

Who must have a reserve study

We found no statewide rule on this in the statutes listed under 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 funding mandate found. The association may adopt budgets for revenues, expenditures and reserves (W. Va. Code 36B-3-102). (see sources)

Disclosure

Within 30 days after adopting a proposed budget, the executive board must give all unit owners a summary and set a ratification meeting [W. Va. Code 36B-3-103(c)]. A public offering statement must include a budget that states the amount included as a reserve for repairs and replacement, or that there is none, and any other reserves [W. Va. Code 36B-4-103]. A resale certificate must state capital expenditures anticipated for the current and next two fiscal years and the amount of any reserves for capital expenditures [W. Va. Code 36B-4-109]. (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 West Virginia

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 West Virginia require a reserve study?

No statewide requirement found.

Does West Virginia require reserves to be funded?

No funding mandate found. The association may adopt budgets for revenues, expenditures and reserves (W. Va. Code 36B-3-102).

What reserve information must be disclosed in West Virginia?

Within 30 days after adopting a proposed budget, the executive board must give all unit owners a summary and set a ratification meeting [W. Va. Code 36B-3-103(c)]. A public offering statement must include a budget that states the amount included as a reserve for repairs and replacement, or that there is none, and any other reserves [W. Va. Code 36B-4-103]. A resale certificate must state capital expenditures anticipated for the current and next two fiscal years and the amount of any reserves for capital expenditures [W. Va. Code 36B-4-109].

Sources

• W. Va. Code 36B-3-102
• W. Va. Code 36B-3-103
• W. Va. Code 36B-4-103
• W. Va. Code 36B-4-109