Condo associations are required to submit what’s called a Milestone Inspection report that determines whether buildings show signs of substantial structural deterioration. They must also obtain a separate report, called a Strategic Integrity Reserve Study. It estimates the remaining lifespans of such components as roofs, structural elements, fire protection systems, plumbing, electrical systems, exterior painting and waterproofing and windows, and determines how much money associations must fund for future repairs or replacements.    Read the article…………………………….