---
title: "Check a reserve study against the statutory contents"
url: "https://ailawframework.com/practice/strata-and-community-titles/check-the-capital-works-fund-plan-against-the-act-before-the-meeting/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A47-D20261018-5-US"
practice_area: "Strata & Community Titles"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Check a reserve study against the statutory contents

> Compare the draft study with the five items § 5550(b) requires, and flag a missing item. Do not invent a useful life, a cost, or a contribution.

Canonical page: https://ailawframework.com/practice/strata-and-community-titles/check-the-capital-works-fund-plan-against-the-act-before-the-meeting/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Strata & Community Titles](https://ailawframework.com/practice/strata-and-community-titles.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Compare the draft study with the five items § 5550(b) requires, and flag a missing item. Do not invent a useful life, a cost, or a contribution. |
| What the lawyer must review | California Civil Code § 5550: at least once every three years the board causes a reasonably competent and diligent visual inspection of the accessible areas of the major components the association must repair, replace, restore, or maintain, if their current replacement value is at least one-half of the gross budget excluding the reserve account. The board reviews the study annually. The study includes, at a minimum, the major components with a remaining useful life of less than 30 years, that remaining life, the estimated cost to repair, replace, restore, or maintain them, the estimated total annual contribution after subtracting reserve funds as of the study date, and a reserve funding plan for major components with an expected remaining life of 30 years or less, excluding components the board has determined will not be replaced or repaired. Major components include gas, water, and electrical service to the extent the association is responsible under § 4775, which you open. You decide whether the threshold is met and whether a figure in the draft is supported. This is California. Other states differ. |
| Written for | United States |
| Applies to | [Check the capital works fund plan against the Act before the meeting](https://ailawframework.com/practice/strata-and-community-titles/check-the-capital-works-fund-plan-against-the-act-before-the-meeting.md) |

## Checking plan

- What the AI does: Compare the draft study with the five items § 5550(b) requires, and flag a missing item. Do not invent a useful life, a cost, or a contribution.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- No useful life and no dollar figure are supplied by the tool.
- Section 4775 decides who must repair the utility lines. It is named, not restated.

## Sources

- [California Civil Code § 5550 (reserve study)](https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CIV&sectionNum=5550) (checked 2026-10-22)
- [ABA Formal Opinion 512, Generative Artificial Intelligence Tools (29 July 2024)](https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/ethics-opinions/aba-formal-opinion-512.pdf) (checked 2026-10-22)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*