Global Solution Partners
Safeguard your property with our comprehensive Transition Studies, ensuring your homeowners association is financially secure and future-ready.
Compliance and Standards
Our Transition Studies adhere to CAI National Reserve Study Standards and state regulations, are conducted by local Reserve Consultants, and are overseen by CAI Reserve Specialists to ensure the highest quality and compliance.
Commitment to Client Needs
Our detailed assessments support strategic decisions and risk management. Committed to our clients' needs, we ensure accurate reserve fund planning for lasting stability.
Global Reach, Local Touch
Our global expertise and local approach ensure that each client receives exceptional service, customized to their specific context and needs.
Additional Services
Explore our wide array of additional offerings, including Reserve Studies, Structural Integrity Reserve Studies (SIRS), Milestone Inspections, Insurance Appraisals, Property Condition Assessments (PCAs), and more, to meet all your community needs effectively.
About our Transition Studies
We proudly serve a diverse range of clients, including communities, resorts, commercial properties, and non-profit organizations. Our Transition Study Service is designed to provide you with a comprehensive and detailed analysis of your community’s reserve fund needs.
You can expect a tailored proposal to meet your specific requirements, along with an in-person meeting during the site evaluation to discuss the process and address any questions. Our local Reserve Consultant will conduct a thorough on-site assessment, and your initial report will be delivered within 30 days after we receive your completed client questionnaire.
You will gain access to our Funding Plan Scenario Calculator, with a demo video available for your convenience. We include one complimentary report revision to ensure your satisfaction, and the final report will be delivered incorporating any revisions. To support your decision-making process, we offer participation in one board meeting via teleconference, upon request.
Our Transition Studies adhere to the highest standards, including the Community Associations Institute (CAI) National Transition/Reserve Study Standards and state regulations. All site work is conducted by a local Reserve Consultant and overseen by a CAI Reserve Specialist. We ensure your site evaluation is promptly scheduled once we receive your completed questionnaire, ensuring a smooth and efficient process.
Access to our exclusive Funding Plan Scenario Calculator
Receive exclusive access to our powerful Funding Plan Scenario Calculator for optimized financial planning.
Expert Specialists
Site work performed by a local Reserve Consultant and overseen by an expert CAI Reserve Specialist.
Prompt Report Delivery
Initial report delivered within 30 days of receipt of completed client questionnaire.
We're the Real Deal (Seriously)
- Global Experience with Local Understanding
- Extensive Team of Skilled CAI Reserve Specialists
- Expertise Across All Property Types
At Global Solution Partners, we offer a unique combination of global experience and local understanding. Our extensive team of skilled CAI Reserve Specialists ensures you receive top-notch expertise tailored to your specific needs. With our broad experience across all property types, we provide comprehensive and accurate Transition Studies, helping you make informed decisions to secure the financial future of your community or organization. No matter if you’re managing a small community or a large high-rise, we dispatch our top experts worldwide to provide you with the best possible service.
Why You Need a Transition Study
Undertaking a transition study is essential for sound financial management within any organization. This study plays a pivotal role in shaping a capital expenditure strategy, as it forecasts the repair and replacement demands for significant shared assets, such as roofing, heating systems, elevators, outdoor decks, coastal barriers, and paved areas.
At the time of property transition, the study plays a critical role in holding the developer accountable by highlighting and recording any shortcomings that fall under their responsibility to rectify. This is vital for preserving the property’s value and guaranteeing that the community receives a well-maintained asset.
Moreover, the transition study lays out a comprehensive funding strategy for routine budgeting activities, often extending over a 30-year period. This foresight facilitates informed financial decisions and adheres to both regulatory requirements and best practices, promoting both financial health and transparency.
Get started and receive your free quotes today!
Timeline for Receiving a Quote
Your initial report will be delivered within 30 days after we receive your completed client questionnaire.
Frequently asked questions
Why would I need a Transition Study?
A Transition Study is crucial for effective financial planning. It helps organizations develop a capital expense budget by identifying future repair and replacement needs for major common-area components such as roofs, boilers, elevators, balconies, seawalls, and asphalt surfaces.
During turnover, the study ensures developer accountability by identifying and documenting deficiencies that the developer is responsible for correcting. This process helps maintain property values and ensures the community is handed over in good condition.
Additionally, the study provides a long-term funding plan for the annual budgeting process, with projections typically spanning 30 years. This allows for strategic financial planning and compliance with regulations or best practice guidelines, ensuring fiscal responsibility and transparency.
What is the difference between a Transition Study and a Reserve Study?
A transition study and a reserve study both play essential roles in homeowners association management but serve different purposes. A transition study, conducted during the turnover from the developer to the association, assesses the condition of common areas to identify and document any construction defects the developer must address. In contrast, a reserve study is an ongoing assessment updated every few years to help the association plan for future repairs and replacements by evaluating the condition and lifespan of major components, providing a long-term financial plan to ensure funds are available for future expenses. While a transition study focuses on immediate needs at turnover, a reserve study supports ongoing financial and maintenance planning.
Why should I choose Global Solution Partners?
Choosing Global Solution Partners for your homeowners association’s transition study guarantees a thorough and expertly managed process. We cover every phase, from initial proposal to final report, with detailed site evaluations conducted by local consultants and timely report delivery within 30 days of receiving your questionnaire. Our services adhere to the highest standards, including those set by the Community Associations Institute and state regulations, ensuring reliability and compliance. Additionally, we offer innovative tools like the Funding Plan Scenario Calculator and personalized support, such as customized report revisions and participation in board meetings, tailored to meet the unique needs of your association.
