Alberta reserve study requirements
By the REcollab team, built by civil engineers. Last verified July 8, 2026.
Alberta's Condominium Property Act and its Regulation require every condominium corporation to obtain a reserve fund study every 5 years, prepare a reserve fund plan based on it, and report to owners. The study must be done by a qualified person who is independent of the board and its manager.
At a glance
| Statute | Condominium Property Act, RSA 2000, c. C-22 and Condominium Property Regulation |
|---|---|
| Who is covered | Every Alberta condominium corporation |
| Update cycle | Every 5 years |
| Deliverables | Reserve fund study, board-approved reserve fund plan, annual report to owners |
| Who can perform | Qualified providers under the Regulation: engineers, architects, certified technologists (ASET), accredited appraisers (AACI), and others recognized by the Director |
| Independence | Directors, officers, employees, and the corporation's manager cannot act as the provider |
| Funding rule | Contributions per the reserve fund plan |
What the Act requires
Every corporation must obtain a reserve fund study every 5 years from a qualified, independent provider, approve a reserve fund plan describing how the fund will be maintained, and report the plan to owners. The provincial guide to providers, plans, and reports is published on open.alberta.ca.
Five years is a long time
A 5-year cycle is the longest of REcollab's launch markets, which makes drift the central risk: construction costs and the building's actual spending diverge from the plan long before the next mandated study. Boards that keep the study current between cycles walk into the 5-year renewal with numbers that already match reality.
Getting the next study done
REcollab generates the study from documents the corporation already has, in about an hour, at roughly 40% less than a traditional engagement, with review by a qualified professional where the Regulation requires it.
Frequently asked questions
How often is a reserve fund study required in Alberta?
Every 5 years under the Condominium Property Act and its Regulation. The corporation must also approve a reserve fund plan based on the study and report to owners.
Who can perform an Alberta reserve fund study?
Qualified providers under the Condominium Property Regulation, including professional engineers, architects, certified engineering technologists (ASET), accredited appraisers (AACI designation), and individuals with qualifications recognized by the Director. The provider must be independent: directors, employees, and the corporation's manager are excluded.
Does Alberta require reserve fund contributions?
Yes. The corporation must fund reserves according to its board-approved reserve fund plan, which is based on the most recent study.
Sources: Reserve fund study providers, plans and reports (Government of Alberta), Condominium Property Act, RSA 2000, c. C-22 (Alberta King's Printer).
This page summarizes the law for boards and managers; it is not legal advice. We re-verify each region against primary sources and date every revision.
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