July 2024 CT

MAINTENANCE... from page 14.

NEW JERSEY – NOW REQUIRING RESERVE STUDIES

In most instances, it is through main tenance that one can achieve the full useful life for many items, systems, and components in that home or building. While many homeowners will nat urally take care of the asset that was potentially their single biggest purchase, others may not. There are virtually infinite reasons why some one might not maintain their home properly. For example, some mainte nance may go undone because the

FULL ENGAGEMENT. DETAILED UNDERSTANDING. ONGOING SUPPORT. Our property wellness experts and easy-to-understand reserve studies empower boards with accurate budget and action plans that support their community’s physical and financial well-being today and into the future.

“...some maintenance may go undone because the owner does not know it is necessary.”

View the legislative requirements and request a proposal today! (844) 701-9884 or visit reserveadvisors.com

owner does not know it is necessary. In other instances, the maintenance may just be forgotten because we have all become overscheduled. In some cases, the maintenance may be foregone simply because the owner lacks the funds that are necessary to perform the required work. Whatever the reason, a community association cannot always rely on the individual members to keep up with their mainte nance responsibilities. In community association settings, where people’s homes are often attached, or in close proximity, to another, the lack of proper mainte nance of one home can negatively impact the other homes around them. As an example, an owner’s failure to properly maintain the landscaping

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484 S. Nulton Avenue, Easton, PA 18045-2936 duradek.com Toll Free: (800) 765-9865 Fax (610) 954-0598 E-mail: info@specialtybuildingsystemsinc.com Specialty Building Systems, Inc. Durarail powder coated aluminum rails. Duradek is a roofing approved vinyl membrane that comes in a variety of colors and patterns for decks, balconies, patios, and roof decks. Durarail products offer maintenanance free railing with a 20-year structural warranty. We specialize in high quality building products featuring the Duradek waterproof system and

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JULY 2024