Avoid a Condo Kerfuffle: Critical Success Factors to prepare Your Board (and Residents) for Pipe Replacement
By Eric Lecky, SageWater
Piping systems are failing at an alarming rate across the country as our infrastructure ages. From domestic supply lines (hot and cold drinking water), to drain, waste, and vent systems, to heating and cooling piping, it's all starting to go. Because these pipes are usually out of sight behind sealed walls and floors, communities often fail to realize how dangerous their situations may be. While condominium boards typically budget for maintenance projects that are routine and visible (landscaping, resurfacing parking lots, etc.), they rarely budget for the things "inside the walls," which often means a surprise expense when it becomes necessary to replace the piping in a building.
However, with proper planning, boards can identify problems, secure financing, and rectify the situation with minimal disruption to the lives of residents.
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This article is reprinted from OC View; copyright by CAI, Orange County Regional Chapter, all rights reserved.
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