July2017

the inspections findings should be compared to the warranty conditions. An increase in maintenance along with inspections for damage or aes- thetics should be expected within the useful lifetime of the siding. A 40 to 50-year useful life is typical; however, reserving funds for future replacement, urgent repairs, and maintenance is crucial when it falls under a 30-year remaining useful life. Where Do We Stand? Unfortunately, the above-discussed installations or material deficiencies are not typically apparent to the association in a visual aspect; how- ever, a detailed inspection by quali- fied personnel would provide clarity. Typically, as the problems with build- ing leaks become progressively prev- CONT I NU E S ON PAGE 36

ACCURATE, REALISTIC FUNDING PLANS OVER 2,000 RESERVE ANALYSES PREFORMED

The Falcon Group prides itself on having a strong, WDOHQWHG WHDP RI ¿YH OLFHQVHG 5HVHUYH 6SHFLDOLVWV 56 6LQFH ZH KDYH SURYLGHG RYHU 5HVHUYH 6WXGLHV WR FRPPXQLWLHV DQG EXLOGLQJ RZQHUV :H ZDQW WR EH \RXU SDUWQHU IRU VXFFHVV WR SURWHFW \RXU assets through an accurate, pro-active and realistic reserve funding plan and with your next capital planning & improvement project. Contact us today for more information.

NEW JERSEY HEADQUARTERS 682 Hwy 202/206 Bridgewater, NJ 08807

info@falconengineering.com www.falconengineering.com 908-595-0050

29

J U L Y , 2 0 1 7