While the devil is in the details and the budget is the budget, an innocuous engineering or inspection report provided to a lender can be read incorrectly by a lender or the federal government and result in landing on the ineligible list. Care must be taken with engineering reports, and there are legal strategies to address them. Management companies should also be careful about simply uploading association legal documents to platforms available to lenders. Consult with counsel before procuring and providing. The same holds true for insurance and identifi cation of the number of investor- or developer-owned units. We predict that the list will keep growing. While in some ways it is well intentioned, it is best to stay off the list. Getting off the list is a lot harder than getting on it. ■ EDMUND ALLCOCK, ESQ., CCAL IS A FOUNDING MEMBER OF THE FIRM ALCOCK & MARCUS, LLC. We Preserve Facilities and Enhance Properties PROVEN PROCESS | QUALITY PRODUCTS | EXPERIENCED TEAM Since 1981, Alpha Weatherproofing has served engineers, architects, building owners and property managers throughout New England with comprehensive weatherproofing and building envelope restoration services. YOUR BUILDING ENVELOPE RESTORATION SPECIALISTS * Concrete Restoration * Façade Inspection & Repair * Masonry Restoration * Sealant Removal & Replacement * Parking Garage Repair & Traffic Coatings * Waterproofing Systems * Structural Repairs * Emergency Repairs 617-628-8888 * www.weatherproofing.net Request a free consultation * View projects Follow Us: alpha-weatherproofing-corporation January 2024 CONDOMEDIA 25