Revised Code of Washington
Wash. Rev. Code § 64.34.380 (2026)
✓ current as of May 2026
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(1) An association is encouraged to establish a reserve account with a financial institution to fund major maintenance, repair, and replacement of common elements, including limited common elements that will require major maintenance, repair, or replacement within thirty years. If the association establishes a reserve account, the account must be in the name of the association. The board of directors is responsible for administering the reserve account.
(2) Except as provided in RCW 64.90.080 and 64.90.545, unless doing so would impose an unreasonable hardship, an association with significant assets shall prepare and update a reserve study, in accordance with the association's governing documents and RCW 64.34.224(1). The initial reserve study must be based upon a visual site inspection conducted by a reserve study professional.
(3) Except as provided in RCW 64.90.080 and 64.90.545, unless doing so would impose an unreasonable hardship, the association shall update the reserve study annually. At least every three years, an updated reserve study must be prepared and based upon a visual site inspection conducted by a reserve study professional.
(4) Except as provided in RCW 64.90.080 and 64.90.545, this section and RCW 64.34.382 through 64.34.392 apply to condominiums governed by chapter 64.32 RCW or this chapter and intended in whole or in part for residential purposes. These sections do not apply to condominiums consisting solely of units that are restricted in the declaration to nonresidential use. An association's governing documents may contain stricter requirements.
Notes:
Effective date—2011 c 189: See note following RCW 64.38.065.
Notes of Decisions
Cited in 3
cases (1 in the last 5 years), 2013–2025 · leading case: Suzanne Parisien v. Eighty South Jackson Condo. Ass'n (Wash. Ct. App. 2025).
Suzanne Parisien v. Eighty South Jackson Condo. Ass'n (Wash. Ct. App. 2025). “r: Monetary damages or any other liability may not be awarded against or imposed upon the association, the officers or board of directors of the association, or those persons who may have provided advice or assistance to the association or its officers or directors, for failure…”
Madera West Condo Ass'n v. Madera West, Emerald Renovations, Resps (Wash. Ct. App. 2013). “304(1 )(p); RCW 64.34.380. 23 See, e.g., RCW 64.34.356 ("Unless otherwise provided in the declaration, any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of reserves shall, in the discretion of the board of…”
Filmore, Lllp, Res. v. Unit Owners Ass'n Of Centre Pointe Condo. (Wash. Ct. App. 2014). “352(8) (special provisions if "all units of a condominium are restricted to nonresidential use"); RCW 64.34.380(4) (certain sections apply to condominiums "intended in whole or in part for residential purposes" and do not apply to condominiums "consisting solely of units that…”
— Wash. Rev. Code § 64.34.380(1) — 2 cases
Suzanne Parisien v. Eighty South Jackson Condo. Ass'n (Wash. Ct. App. 2025). “r: Monetary damages or any other liability may not be awarded against or imposed upon the association, the officers or board of directors of the association, or those persons who may have provided advice or assistance to the association or its officers or directors, for failure…”
Madera West Condo Ass'n v. Madera West, Emerald Renovations, Resps (Wash. Ct. App. 2013). “304(1 )(p); RCW 64.34.380. 23 See, e.g., RCW 64.34.356 ("Unless otherwise provided in the declaration, any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of reserves shall, in the discretion of the board of…”
— Wash. Rev. Code § 64.34.380(3) — 1 case
Suzanne Parisien v. Eighty South Jackson Condo. Ass'n (Wash. Ct. App. 2025). “r: Monetary damages or any other liability may not be awarded against or imposed upon the association, the officers or board of directors of the association, or those persons who may have provided advice or assistance to the association or its officers or directors, for failure…”
— Wash. Rev. Code § 64.34.380(4) — 1 case
Filmore, Lllp, Res. v. Unit Owners Ass'n Of Centre Pointe Condo. (Wash. Ct. App. 2014). “352(8) (special provisions if "all units of a condominium are restricted to nonresidential use"); RCW 64.34.380(4) (certain sections apply to condominiums "intended in whole or in part for residential purposes" and do not apply to condominiums "consisting solely of units that…”
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