Inventory Creation
Re-Assessed
From Prior Study
From Site Plans
Inventory Creation
Re-Assessed
From Prior Study
From Site Plans
Measurement of Assets That Exhibit Construction Defect or Premature Wear
Clients Reported Condition
N/A
Clients Reported Condition
Industry Standard
Unit Cost Established
Re-Assessed
Re-Assessed
Unit Cost Established
Unit Costs to Resolve Defects or Premature Wear
Details Added Where Engineer Determines Advisable
Details Added Where Engineer Determines Advisable
Detailed Report With All Component Data
Detailed Report With All Component Data
Summary Details
Summary Details
Detailed Report With All Component Data
What is a reserve study? A reserve study is a long-term capital budget planning tool. The report indicates the current status of the reserve fund and identifies a funding plan to ensure sufficient funds when anticipated common area expenditures occur.
A preventative maintenance plan is a set of guidelines for conducting routine maintenance on equipment and assets to keep them in good condition and to avoid failure.
A transition/defect study finds design deficiencies and material defects at the property.
An insurance advisory report is an independent evaluation of the existing insured value for the subject property common area. The report assists the Association in determining a fair market valuation for the subject property.
