Community Studies & Assessments

Reserve Studies

A Reserve Study helps you plan your Association’s capital expense budget by recommending the amount of funds to reserve for future expenses.

 

Reserve Study projections typically cover a 30-year time period and help ensure adequate funds are set aside for repairs and replacement of major components such as roofs, boilers, balconies, seawalls, asphalt, and more.

 

Global’s Reserve Study services exceed the standards established by the Community Association Institute (CAI).

Reserve Studies

A Reserve Study helps you plan your Association’s capital expense budget by recommending the amount of funds to reserve for future expenses.

 

Reserve Study projections typically cover a 30 year time period and help ensure adequate funds are set aside for repairs and replacement of major components such as roofs, boilers, balconies, seawalls, asphalt, and more.

 

Global’s Reserve Study services exceed the standards established by the Community Association Institute (CAI).

Transition Studies

A Property Transition Study evaluates a community before the common areas are turned over to an Association and/or before the Developer’s warranty period ends.

 

With this study, we give an objective record of the condition of the common areas, provide documentation of their current condition compared to that represented by the developer’s offering, as well as discover deficiencies.

 

Property Transition Studies are often completed at the same time as an initial Reserve Study.

Insurance Appraisals

Insurance Appraisals help protect your community from being over or underinsured by estimating the cost to reconstruct your community’s buildings and site improvements if there is a total loss due to hurricane, fire, sinkhole, etc…

 

We provide an unbiased, expert evaluation of the replacement costs for your community, based on local construction costs at the time of the appraisal and taking into consideration your community’s building styles, construction techniques, and current insurance policy.

Insurance Appraisals

An Insurance Appraisal helps protect your community from being over or under insured, by estimating the cost to reconstruct your community’s buildings and site improvements if there is a total loss due to hurricane, fire, sinkhole, etc.

 

We provide an unbiased, expert evaluation of the replacement costs for your community, based on local construction costs at the time of the appraisal and taking into consideration your community’s building styles, construction techniques and current insurance policy.

Property Condition Assessments

Property Condition Assessments are a due diligence service that lenders often require during commercial property transactions. The assessment is also used by association managers to establish a baseline condition for the community as they plan for future expenses.

 

We conduct a walk-through survey of buildings, site features, and architectural, structural, mechanical and electrical systems/components, providing you with a written and photographic record of the community’s condition, as well as cost estimates for its maintenance over a specific period of time.

 

Our Property Condition Services exceed the standards established by ASTM (E2018-01).

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