'Common area elements based' presentation slideshows

Things To Keep In Mind When Planning Your New Jersey Reserve Study

A New Jersey reserve study is very important for a homeowners association. It analyzes repair as well as replacement needs such as painting and roofing that happen non-annually. It also provides a funding plan that is used for accumulating the money that is required to do the repairs in future. It serves more of a budgeting function as opposed to a building analysis, even though it has an element of that. It is based on the assumption that a regular and adequate maintenance is being done on a building so as to prevent any premature or costly repairs or replacements in the future.

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