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TRANSITION STUDY  (DEVELOPER TURNOVER)

A Transition Study or developer turn-over report is prepared when your community is being turned over to the Home Owner’s Association by the developer.  These studies are often performed in conjunction with a Capital Reserve Analysis.  The study consists of a thorough inspection of the common elements of the community.  The study documents any design, construction, building codes or condition defects.  This study, which is conducted by a professional engineer, provides an independent expert opinion on the recommended remediation of the defects along with the estimated costs to remediate the defects.

The goal of the Transition Study is to assist the community in avoiding costly defect litigation by having the defective items corrected by the developer or reach a fair settlement.

The Transition Study includes:

A review of each of the common elements of the community
The condition of each of the common elements and a list of all of the elements that exhibit effects and require remediation, modification or replacement
Cost estimates, including labor and material for the repair or replacement
A detailed narrative report, including photographic documentation, which describes the defect or code violation and recommendations for remediation
 

Ray Engineering, Inc. ♦ Building A ♦ 3985 Steve Reynolds Blvd. ♦ Norcross, GA 30093
rayengineering@ray-engineering.com