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Reserve Study Companies in Maryland

7 firms based in Maryland or working there regularly, and 7 national firms that cover it. Maryland law requires a reserve study: every 5 years (Md. Code, Real Prop. 11-109.4 (condos); 11B-112.3 (HOAs); Corps. & Ass'ns 5-6B-26.1 (co-ops)).

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Firms based in Maryland

Facts read from each firm's website. No ratings, no paid placements.

Reserve study firms based in Maryland
FirmBased inWorks inCredentials statedServices
DMA Reservesdmareserves.comNot statedDistrict of Columbia, Virginia, MarylandRAreserve study
Metro Engineering Servicesmetroengservices.comRockville, MDMarylandNot statedreserve study, transition study
PM+ Reservespmplusreserves.comChantilly, VA5 states, including MarylandPRA, RS, PEreserve study
Prime Reserve Planningprimereserveplanning.comNot stated6 states, including MarylandCAI member, APRA memberreserve study
Reserve Studies of Delmarvareservedmv.comBerlin, MDMarylandNot statedreserve study
Whayland Consulting Groupwhaylandcg.comLaurel, DE5 states, including MarylandRSreserve study
zumBrunnenzumbrunnen.comAtlanta, GA13 states, including MarylandNot statedreserve study, transition study, property condition assessment

National firms that serve Maryland

Each states on its own site that it works in all fifty states.

About national firms
National reserve study firms serving Maryland
FirmBased inWorks inCredentials statedServices
Apex Reserve Groupapexreservegroup.comIrvine, CAAll 50 statesNot statedreserve study
Association Reservesreservestudy.comNot statedAll 50 statesRS, PEreserve study
Global Solution Partnersglobalsolutionpartners.comNot statedAll 50 statesRS, PEreserve study, SIRS, insurance appraisal, transition study, capital planning
MillerDodson Associatesmillerdodson.comAnnapolis, MDAll 50 statesNot statedreserve study, transition study
Reserve Advisorsreserveadvisors.comMilwaukee, WIAll 50 statesNot statedreserve study, SIRS, insurance appraisal
Reserve Data Analysisreservedataanalysis.comNot statedAll 50 statesNot statedreserve study, SIRS
The Falcon Groupthefalcongroup.usWarren, NJAll 50 statesRS, PRAreserve study, SIRS, transition study, capital planning

What Maryland law says

Maryland is one of the states that writes a reserve study into law. Under Md. Code, Real Prop. 11-109.4 (condos); 11B-112.3 (HOAs); Corps. & Ass'ns 5-6B-26.1 (co-ops), associations must have a study every 5 years; the rule applies to residential condominiums (11-109.4); 2022 law (HB 107, Ch. 664) also covers HOAs and cooperatives (HOA and co-op sections not opened).

The statute also says who may do the work: A preparer who has done at least 30 reserve studies in the prior 3 years (or helped prepare 30 at a reserve study firm), a Maryland-licensed architect or engineer, or a CAI RS or APRA PRA. Ask a firm to confirm, in its proposal, that the person signing the report meets that test.

On disclosure: Study available to owners for inspection and copying; summary sent with the annual proposed budget.

Initial study deadlines phased in: Prince George's County October 1, 2021; Montgomery County October 1, 2022; other counties October 1, 2023.

Board must adopt a funding plan using one of five methods, prioritize health, safety and structural items, and review progress at each annual meeting; reserves used elsewhere must be repaid within 5 years.

General information checked against the statute, not legal advice. Governing documents can require more than the law does.

every 5 years

is the statutory cycle; the full wording is in the card above.

$2,000 to $8,000

for a full study with a site visit in a community of 50 to 150 units, November 2026.

Tell us the association's size and the ZIP code and we will find a firm that works in Maryland.

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What a study costs in Maryland

Firms price a reserve study by the work, not the state: the number of buildings, the length of the component list, the level of service and the travel. A community of 50 to 150 units usually pays $2,000 to $8,000 for a full study with a site visit; an update with a visit is quoted at about 50 to 80 percent of a full study, and an update from the desk at 25 to 50 percent of a full study, often under $1,000 for a small community. The cost page has the estimator, the ranges by community size and where the figures come from.

Proposals from firms in Maryland will differ on the level of service before they differ on the fee. Comparing proposals sets out what to read first.

Nearby in the Southeast

Questions from boards in Maryland

Is a reserve study required in Maryland?

Maryland law requires a reserve study: every 5 years (Md. Code, Real Prop. 11-109.4 (condos); 11B-112.3 (HOAs); Corps. & Ass'ns 5-6B-26.1 (co-ops)). The text is on the legislature's site.

How often should an association in Maryland update its reserve study?

The statute says every 5 years. Between those dates, most firms recommend an update with a site visit every three years and a full study every five to ten.

What does a reserve study cost in Maryland?

Fees are quoted per association, not per state. A community of 50 to 150 units usually pays $2,000 to $8,000 for a full study with a site visit; firms quote an update with a visit at about 50 to 80 percent of a full study and an update without one at 25 to 50 percent of a full study, often under $1,000 for a small community. Travel to a remote community adds to the fee.

Who can perform a reserve study in Maryland?

Maryland law specifies: A preparer who has done at least 30 reserve studies in the prior 3 years (or helped prepare 30 at a reserve study firm), a Maryland-licensed architect or engineer, or a CAI RS or APRA PRA.

Where this information comes from

Related pages

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The community ZIP code, how to reach you, then a few taps about the association. About a minute, and nothing is sent to a firm until you say so.

This is a free introduction service, not a reserve study provider. We find one firm that works in your state and tell you its name before anything is shared. Nobody contacts you until you say yes.

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