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Deterioration

Deterioration happens to most physical components that are part of reserve fund planning.

The initial types refer to design and/or installation flaws and these set the stage.

The on-going types relate to physical forces, water, pests, pollutants, light and exposure to the elements.

Contract exclusions and consultant, engineer and trade neglect are part-and-parcel of accelerated deterioration.

Operating maintenance issues and lack of inspections also increase the process.

Thievery, vandalism and occupant modifications also influence the condition and the effective age of components.

About Author: Jean-François

With experience gained in construction, project management, field reviews, inspections, report writing and as strata president, J.-F. has cross-industry expertise guaranteeing that you will participate in a process geared to improving the corporation's finances and to setting the condo | strata board | council's planning to stand the test-of-time.