Transitional Study (Developer Turn-Over Report)
What is a Transitional Study/Developer Turn-Over Report?
Why Obtain a Transitional Study?
By selecting our Transitional Study services, you’re making a choice that:
- Ensures Transparency: Our study provides an unbiased evaluation of the property’s condition, facilitating transparent discussions during the transition process.
- Prevents Future Issues: Identifying defects and potential problems early on enables timely remediation, preventing issues from escalating post-transition.
- Strengthens Negotiations: Armed with our professional report, your association can negotiate effectively with the developer to address any identified concerns.
- Builds Community Confidence: Demonstrating your commitment to thorough due diligence during transition builds trust and confidence among community members.
What’s Included in the Transitional Study?
Our comprehensive Transitional Study includes:
- A thorough examination of common elements and shared spaces within the community.
- Identification of any design, construction, code violations, or condition defects.
- Accurate cost estimates for necessary remediation or repair work.
- A detailed report with photographic documentation of identified issues.
- Recommendations for remediation and modifications to ensure a smooth transition.
How Does the Study Benefit Homeowner’s Associations?
For homeowner’s associations, our Transitional Study offers:
- Strategic Negotiations: Equipped with a detailed report, your association can negotiate from a position of knowledge and ensure a favorable transition.
- Long-Term Financial Security: Addressing issues upfront prevents potential financial burdens on the association and its members down the road.
- Community Peace of Mind: Demonstrating proactive management reassures new homeowners and fosters community trust.