Criterium provides commercial building inspections and pre-purchase property evaluations to support buyers during real estate due diligence. Our inspections and reports are performed by licensed Professional Engineers and are designed to clearly explain a building’s condition, identify risks, and support informed purchase decisions. Findings may also assist in negotiating purchase terms when deficiencies are identified…..
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How Much Does a Reserve Study Cost in Florida?
One of the most common questions asked by condominium and homeowners association boards across Florida is simple and reasonable: how much does a reserve study cost. The answer is rarely a single number. Reserve study pricing varies widely based on property characteristics, scope, and local conditions, particularly in South Florida markets like Miami, Fort Lauderdale,….
Commercial Building Inspections: Three Options
Criterium Engineers’ commercial building pre-purchase inspections guide our clients through the due diligence process. The inspections and the resulting reports, performed by licensed, Professional Engineers, inform the prospective buyer regarding important aspects of the property and may also assist in negotiating a purchase price, depending on what is found. All of Criterium’s reports conform to….
How Cost Segregation Studies Help Property Owners Maximize Tax Savings in 2025
How Cost Segregation Studies Help Property Owners Maximize Tax Savings in 2025 As a property owner or investor, you’re always looking for ways to reduce tax liability and improve cash flow. A well-executed cost segregation study may offer substantial benefits by accelerating depreciation and unlocking value. In this article we’ll explain what a cost segregation….
Best Practices for Condominium and HOA Meeting Minutes
Best Practices for Condominium and HOA Meeting Minutes Condominiums and HOA communities come in a wide variety of shapes and sizes, but when it comes down to considering the differences of all condos great and small, one thing is consistent — meeting minutes. This basic management tool is guided by governing documents, IRS regulations, and….
Why Your Condo Needs a Reserve Study Update in South Florida
A Reserve Study is one of the most important financial planning tools a condominium or HOA board can use. It’s not a one-time exercise, but a living document that should be refreshed as conditions, costs, and regulations change. Unfortunately, many associations in Miami-Dade, Broward, and Palm Beach counties wait too long between updates. By then,….
The Next Step in Pool Safety – AI Powered Drowning Detection Systems?
The Next Step in Pool Safety – AI Powered Drowning Detection Systems? Conventional safety measures – pool covers, perimeter fences, and subsurface alarms – are essential for preventing unauthorized access when a pool is closed. But when a pool is open and in use, those measures cannot protect against drowning. For decades, supervision by lifeguards,….
Condominium and HOA Meeting Minutes – Best Practices and Legal Considerations
Condominium and HOA Meeting Minutes – Best Practices and Legal Considerations Homeowner associations (HOAs) and condominium boards vary widely in size and structure, but one thing is consistent across every community: meeting minutes. Accurate minutes are a legal requirement, a historical record, and an essential management tool for every association. What Are Meeting Minutes? Meeting….
The Hidden Components That Can Sink Your Condo’s Reserve Budget
The Hidden Components That Can Sink Your Condo’s Reserve Budget in Miami-Dade and Broward If you are searching for a reserve study in Miami-Dade or Broward, the projects you can see from the street are only part of the story. Roof replacements, exterior painting, and paving are important. The real budget busters are often smaller….
Straight-Line vs. Pooled Reserve Funding: What Florida Condo Boards Need to Know for 2025
Straight-Line vs. Pooled Reserve Funding: What Florida Condo Boards Need to Know for 2025 New reserve funding requirements in Florida – especially those tied to Structural Integrity Reserve Studies (SIRS) – are prompting many condo associations to ask: “Should we be using straight-line or pooled funding for our reserves?” This article breaks down the two….