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CONDOMINIUM HOMEOWNERS ASSOCIATION RIDER CHAR Rev Form

CONDOMINIUM HOMEOWNERS ASSOCIATION RIDER CHAR Rev Form

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and they say this was installed on this date or based on the condition today we expect you have this much life left in it which means you are going to have to replace it in this year right so it's 2024 now you look at the decks you're like you may have 5 years left in these decks before they all have to get replaced so we're going to look at 2029 as a deck replacement year and then they say okay how much is it going to cost to replace all those decks in 2029 well they'll go and they'll look at the current replacement cost for all those decks right they say based on square footage and lumber cost today and what contractors are bidding and they're going to calculate how much it would cost to replace all the decks today and then they're going to project that number over the next five years so so so in 2029 it'll probably cost whatever it's going to cost today plus 2 and a half% inflation let's say they&#39

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