Law & Office

Business News

May 12
Kipcon Offers Value Added Transition Studies By Betsy Kraat

NORTH BRUNSWICK-- Kipcon Inc., a leader in cost effective design and engineering solutions, has created a value-added transition study that greatly reduces the time and inconvenience of transferring the responsibility of governance from the developer to the community association.

Kipcon Inc. has built a solid reputation for aiding community associations in assessing the strength and durability of a building's physical and financial components. Kipcon President Mitchell H. Frumkin used his extensive expertise in conducting transition studies to chair a joint, nationwide task force with the National Association of Home Builders and the Community Association Institute to develop best practices for transition studies.

Frumkin said the best away to avoid complications is to have a qualified professional involved at nearly every step of the process, from peer-reviewing design documents, to conducting third-party inspections during construction and completing a detailed reserve study in addition to site and building analysis.

"Every transition study includes a visual determination that ensures all common elements of the property are built in conformance with design documents, and we ensure that no defects are present," Frumkin said. "But we also complete a full reserve study to tell the incoming association how much money they need to set aside for general repairs and maintenance."

While litigation is rare when turning over a development to a community association, Kipcon also offers negotiating services to avoid litigation for both developers and community associations.

Kipcon
www.kipcon.com

Comments, Pingbacks:

No Comments/Pingbacks for this post yet...

Leave a comment:

Your email address will not be displayed on this site.
Your URL will be displayed.

Allowed XHTML tags: <p, ul, ol, li, dl, dt, dd, address, blockquote, ins, del, span, bdo, br, em, strong, dfn, code, samp, kdb, var, cite, abbr, acronym, q, sub, sup, tt, i, b, big, small>
(Line breaks become <br />)
(Set cookies for name, email and url)
(Allow users to contact you through a message form (your email will NOT be displayed.))

Previous post: Newark Wins State Award For Excellence In Engineering DesignNext post: NJ&Co Magazine Welcomes Jennifer San Antonio

__________________________________________________ Advertisement

Matrix Companies -- In commercial, industrial, residential, mixed-use, and golf and hospitality developments, we deliver the capabilities and innovative approaches necessary to turn obstacles into opportunities.


__________________________________________________
Become a fan of New Jersey & Company on Facebook!
__________________________________________________ Advertisements


__________________________________________________
__________________________________________________ Advertisements
Flirewire.com