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Today's Community Maintenance Creates
Tomorrow's Community Excellence
Every board member knows that part of fulfilling their fiduciary duty
means keeping the community functional and beautiful for years to
come. The reserve study is commonly used to manage community
maintenance because it identifies the time lines, costs and necessary
considerations for undertaking major community projects, like replacing
roofs and elevators. But the reserve study's long-term effectiveness relies
on one important factor: whether your board keeps your community
maintained on a short-term basis.
It's impossible to accurately forecast when to replace a roof if its life cycle
is shortened because the gutters are never cleaned. It's tough to assess
when the fence will start rotting if it's not painted regularly. And, there's
no way of foreseeing the higher number of tasks and the costs that come
with them as a result of neglecting regular maintenance.
The good news is that with a carefully constructed maintenance plan,
you can address problems proactively, mitigate the costs of repairs, and
ultimately save time for your board and money for your community –
today and tomorrow. With help from HGTV star Mike Holmes and Associa
OnCall, we've compiled the five essential steps you need to take to make
your community maintenance plan successful.