Nevada hoa reserve & replacement funding calculators

Nevada HOA

Nevada HOA Reserve-Study Funding Calculator

Project Nevada community-association reserve funding under NRS 116.31152 (reserve study required every five years, annual disclosure of percent-funded on Nevada Real Estate Division Form 350) and NRS 116.3115(2)(b) (reserve adequacy as board fiduciary duty). Computes current percent-funded under the Community Associations Institute and Association of Professional Reserve Analysts (CAI / APRA / CRA) framework with banding (poorly funded, fairly funded, well funded, fully funded), the projected balance and percent-funded at year 30 given a planned contribution stream and inflation-and-investment-return assumptions, and the year-1 contribution required to hit a target percent-funded by year 30. Tool, not advice — commission a CAI / APRA / CRA-credentialed reserve analyst for the binding funding plan and the NRS 116.31152 disclosure.

Nevada HOA

Nevada HOA Special Assessment Calculator — NRS 116.3115 / NRS 116.31151 (15% Annual Increase Threshold; Member Vote)

Compute the per-unit special assessment and the NRS 116.31151 member-vote threshold for a Nevada community association. If the combined annual per-unit assessment (regular + special) in any fiscal year exceeds 15% above the prior year's total annual assessment per unit, the board must obtain majority member approval at a duly called meeting or by written ballot before levying the special assessment. Returns the per-unit special assessment, the monthly installment, the 15% threshold amount, and whether a member vote is required.