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Oregon HOA Reserve Fund Requirements (2026)

ORS §§ 100.005 et seq. (Oregon Condominium Act); ORS § 94.595 (Planned Communities Act)

Reserve Study Required

No

Governed by your CC&Rs and bylaws

Minimum Funding

None

No statutory minimum — governing documents control reserve obligations, though Oregon law requires reserve disclosures

Disclosure Required

Yes

Oregon requires HOAs to provide a reserve fund disclosure in the annual budget including current balance and projected major expenditures. Members may request reserve-related records.

Post-Surfside Changes

No

No legislative change after Surfside

Key rules for Oregon HOAs
  • Annual budget must include reserve fund disclosure: current balance and projected major expenditures
  • No state law requires a professional reserve study
  • No statutory minimum funding percentage
  • Members may request reserve-related financial records
  • Fannie Mae and FHA guidelines apply regardless of state law
Disclosure requirements

Oregon requires HOAs to provide a reserve fund disclosure in the annual budget including current balance and projected major expenditures. Members may request reserve-related records.

Lender requirements (Fannie Mae & FHA)

Fannie Mae requires HOA to allocate at least 10% of assessments to reserves or demonstrate a 10% funding ratio. FHA requires similar. Low reserve funding can block unit sales and refinancing.

Fannie Mae requirement

Minimum 10% of assessments allocated to reserves, or a demonstrated 10% funding ratio. Associations below this threshold may face loan-level pricing adjustments or deal failure.

FHA requirement

Similar 10% minimum allocation. FHA-backed financing unavailable for units in HOAs that do not meet the threshold, reducing the buyer pool and depressing values.

Tips for self-managed Oregon boards
  • Oregon law requires reserve disclosure in the annual budget — ensure your budget includes reserve balance and projected expenditures
  • Commission a reserve study even though none is legally mandated — it supports your disclosure
  • Aim for 70%+ funded status to avoid Fannie Mae and FHA flags
  • Oregon's wet climate can accelerate rot and water damage — budget aggressively for waterproofing and roofing

Managing reserves for a Oregon HOA? LotWize tracks your reserve contributions automatically.

LotWize helps self-managed HOA boards stay on top of reserve contributions, annual budget preparation, and best-practice reserve planning — without hiring a property management company.

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This page provides general legal information about Oregon HOA reserve requirements only — not legal advice. Reserve laws vary by community type (planned community vs. condominium) and change frequently. Always consult a licensed Oregon HOA attorney and review your governing documents for advice specific to your situation. Statute citations accurate as of 2026.