In New or Existing Building Turnover to Condo Ownership, architecture expert witness David E. Chase writes that no matter how many units are involved, a future condominium association should consider both the physical and financial status of any new or existing complex before Turnover to assume full ownership.
Finally, the Report should identify any deviation from the “permitted” plans and specifications with the appropriate documentation including dated photographic files and a code check template. Also if there are corrective items, a dollar figure for corrective action, item by item, must be required in order that the association and developer can discuss the realities of reaching consensus to achieve Turnover objectives.
Second, assuming that either a new condo project will have building component deficiencies or say a 15 year old rental apartment complex will most likely have some construction deterioration requiring repair and/or replacement due to past continued use, the developer must decide what to “fix”. Parking areas, landscaping areas, living units and common areas may need refreshing together with plumbing, air-conditioning and electrical system improvements and code updates.