Reserve Fund Studies - The Criterium-Harbor Engineers Reserve Study for condominium and homeowners associations combines an engineering review of building components with an analysis to determine optimal monthly contributions into a capital reserve fund. The study uses software developed by Criterium Engineers and KPMG Peat Marwick. The software was developed to provide common interest realty groups with an analysis of their current capital reserves, future requirements and various funding options to ensure the viability and health of a capital reserve fund.

The standard reserve study consists of four elements:

• Component Inventory

• Condition Assessment

• Repair/Replacement Cost Estimates

• Funding Plan

Transition Studies - Once the development is complete, or nearly so, the responsibility for its management and maintenance is transitioned to the association. The purpose of a transition study is to objectively evaluate the construction quality of the property prior to the transfer of responsibility from the developer to the association. This report will assure your community that all the work scheduled is completed as intended and will recommend repairs or replacements, if necessary.

The standard reserve study consists of four elements:

• Component Inventory

• Condition Assessment

• Repair/Replacement Cost Estimates

• Funding Plan