Is an HOA 30-Year Plan Required in Wisconsin?

Question:

Do we have to have a 30 year plan in writing

– Debra

 

Answer:

Hi Debra,

It depends on your governing documents. Check your CC&Rs and bylaws to see whether or not you are required to develop a 30-year plan. If you are referring to a reserve study, there is no statutory requirement in Wisconsin to conduct a reserve study. That said, it is still a good idea to do so.

 

Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.

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