CONDOMINIUMS AND TOWNHOMESSince September of 2000, The Government of Alberta requires that all condominiums and townhouses have a capital reserve fund set aside to fund repairs and replacement of the common property. The reserve study and written report must be prepared by a qualified person at least once every five years.
Provided that all condo fees have been paid and are up to date - there should usually be the required funds available in the reserve fund to cover any major or minor roof repair. Roofing System Assessment GuidelinesWith any condominium townhouse complex - owners and property management companies must periodically review the maintenance and repair of the structure's current roofing system. These will normally fall within one of two categories:
A) Major and Minor RepairsRepair work assessment can usually be determined by a survey of residents for any signs of leaks in their units and a visual check of the roof for missing shingles or wind damage.
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B) Total Replacement of Roofing Systems
How does a townhouse/condo complex replace the entire roofing system of a 25, 75 or 150 unit complex. Many of the original sloped roof systems built in the 1980s and 1990s have likely surpassed or are approaching their life expectancy. In order to save money and increase profit margins - many condo/townhouse developers used only roofing materials that met only the minimum provincial building code requirements.
A new roof or re-roof will probably be one of the most expensive and complex project a condo/townhouse complex will undertake. We always advise that your condo/townhouse board or property management company obtain professional advice from a roofing consultant or engineer before proceeding. Multiple tender bids, proper specifications, a qualified contractor and professional supervision and certification upon completion are all essential.
A new roof or re-roof will probably be one of the most expensive and complex project a condo/townhouse complex will undertake. We always advise that your condo/townhouse board or property management company obtain professional advice from a roofing consultant or engineer before proceeding. Multiple tender bids, proper specifications, a qualified contractor and professional supervision and certification upon completion are all essential.