How A New Jersey Transition Study Can Be Of Help

1. How A New Jersey Transition Study Can Be Of Help Brought to you by: http://www.lockatong.com/

2. New Jersey transition study is very important for a developer that is turning over their property to the homeowners association, a home buyer who is purchasing a unit that is within a condominium building, or a newly elected board member that is within a community association. • This study includes the evaluation of the current condition of the property as well as any physical defects that it may be having. How A New Jersey Transition Study Can Be Of Help www.lockatong.com

3. The engineering consultant that will be conducting the study can also indicate if there are any out of the ordinary or inadequate features on the property as well as its structural components. You may be wondering how exactly the New Jersey transition study is going to be of help once it has been completed. • Well, this study can be used together with a reserve study to make known to the people that are taking over the control of the property the repairs over a specific period of time. How A New Jersey Transition Study Can Be Of Help www.lockatong.com

4. When the transition study is used in this manner, the homeowners association will effectively do away with the need for initiating a special assessment or getting a commercial loan when defects are identified on the property that they have taken control of. • A transition study in New Jersey can also be used as an aid when it comes to working with the developer of an association. How A New Jersey Transition Study Can Be Of Help www.lockatong.com

5. When a qualified engineering consultant is selected to prepare a study that outlines the design and construction defects that are available on a property, it will allow for proper repairs to be conducted by the developer. If the developer refuses to do the necessary repairs, the study can be used to force him to do so. If things become so bad, the study can be used an evidence in a court law when a litigation is filed. This can happen if the developer is unwilling to repair the defects that have been outlined in the transition study. How A New Jersey Transition Study Can Be Of Help www.lockatong.com

6. The New Jersey transition study is not as complicated as you may think. It consists of an introduction that outlines the inspection process and a list of observed defects or deficiencies that need immediate attention. • The rest of the report is usually broken down into various category components that outline the observations that were made during the study with photographs that are mainly put there to support observations and recommendations. How A New Jersey Transition Study Can Be Of Help www.lockatong.com

7. Even though it is simple, it is imperative for it to be conducted by an engineering consultant who understands what it entails. It is very important for the transition study New Jersey to be conducted the right way. • If it is not, the incoming board members will have a hard time trying to clean up the mess on their hands. Sometimes, the common areas may not be deeded over to the association, or they may be deeded over but the developer may have not finished paying the property taxes for a number of years. How A New Jersey Transition Study Can Be Of Help www.lockatong.com

8. A rocky transition may also result into missed deadlines as well as poor start among the homeowners when it comes to learning how they are supposed to live in a communal environment. How A New Jersey Transition Study Can Be Of Help www.lockatong.com

9. To help you understand more on New Jersey transition study, visit www.lockatong.com today.  How A New Jersey Transition Study Can Be Of Help www.lockatong.com

10. How A New Jersey Transition Study Can Be Of Help Brought to you by: http://www.lockatong.com/