Maryland HOA reserve study requirements (2026)
Reserve study every 5 years; county overlays (Montgomery, Prince George's, Howard) add additional requirements.
Quick facts
What the law actually requires
Maryland regulates HOAs at § 11B-112.2 and condos at § 11-109.2 with parallel reserve study requirements. Both require a reserve study at least every 5 years and annual disclosure of reserve adequacy in the budget.
What makes Maryland distinctive is the layer of county overlays. Montgomery County, Prince George's County, and Howard County have all adopted local ordinances that impose additional requirements on top of the state statute — typically requiring 3-year cycles instead of 5, mandating specific component categories, or requiring registered Reserve Specialist (RS) credentials for the study preparer. Associations in those counties must comply with both the state 5-year cycle and the local 3-year cycle (whichever is shorter).
Maryland's HOA Depot, the state's online association registration system, also publishes reserve adequacy data for participating associations — meaning Maryland boards have an unusually public reserve disclosure surface compared to most states.
How Apex Reserve Studio handles Maryland
Apex Reserve Studio's Maryland compliance jurisdiction handles both the state-level § 11-109.2 / § 11B-112.2 requirements and surfaces a per-county overlay reminder when the property's county field is set to Montgomery, Prince George's, or Howard. The PDF builder produces the disclosure in the format Maryland HOA Depot accepts for the registration system.
Built-in Maryland compliance.
Select Md. § 11-109.2 / 11B-112.2 from the Compliance Jurisdiction dropdown and Apex's PDF builder produces the right disclosure format automatically. Engine math is identical across jurisdictions — only the deliverable changes.
Frequently asked questions — Maryland
How often does a Maryland HOA need a reserve study?
At least every 5 years under state law (§ 11B-112.2 for HOAs, § 11-109.2 for condos). But associations in Montgomery, Prince George's, or Howard counties may need to comply with shorter 3-year cycles under county overlays.
Which Maryland counties have additional reserve requirements?
Montgomery, Prince George's, and Howard counties have adopted local ordinances on top of the state statute. The overlays typically require shorter cycles (3 years vs. 5), specific component categories, or RS-credentialed preparers.
What is Maryland HOA Depot?
Maryland's online association registration system. Many associations file their reserve adequacy data through Depot, making Maryland's reserve disclosure surface more public than most states.
Are Maryland reserve studies waivable by owners?
No. § 11-109.2 / § 11B-112.2 are mandatory. The state-level cycle and county-level overlays cannot be waived by owner vote.