PHASE 1: STRUCTURAL INTEGRITY RESERVE INSPECTION:
The visual inspection report signed and sealed by a licensed engineer wil state the estimated remaining useful life, and the estimated replacement cost of any item with a deferred maintenance or replacement cost that exceeds $10,000.
The report wil include the folowing:
• Roofs
• Load bearing walls
• Primary structural members as defined in s.627.706.
• Floors
• Foundations
• Fireproofing & fire protection systems
• Plumbing
• Electrical systems
• Waterproofing & exterior painting
• Windows and exterior doors
• Ancillary structures such as swimming pools, pool/plaza deck, seawall and parking garage
PHASE 2: STRUCTURAL INTEGRITY RESERVE STUDY:
The reserve study to allocate funds cash flow based on the licensed engineer inspection report can be done by others.
If a client requires RAS Engineering to produce it, will calculate the required funds based on the remaining life stated in the report and linear distributed on a 10-years horizon, disclosing the cost per unit owner.