Replacement Cost Valuations

Our Expertise

• QS-ING’s replacement cost valuation includes for the cost of demolition, disposal, re-documentation, re-construction to current building codes and legislation, professional and authority fees, cost escalation for up to two years of the policy and realistic time periods for demolition and re-construction.  We recommend that all property insurance be reviewed and updated every two years to ensure adequate coverage.

 

Your Benifit

• Construction costs are constantly changing, so it is critical for all property owners to ensure that their property is adequately insured. This service helps to ensure that the property is adequately insured in the event of a property disaster.

 

 

Asset Registers

Our Expertise

• QS-ING provides “investor ready” asset registers in various different formats to suit the client’s requirements and to allow the client to easily keep track of their assets.  This can only be achieved by conducting periodic audits to verify the accuracy and determine if any assets have been lost, stolen, or have become non-functional, which also identifies the write-off value of those items for tax depreciation purposes.

 

Your Benifit

• Provides a clear demarcation of landlord and tenant assets.

• Aids the preparation of tax depreciation schedules and updating of replacement cost valuations for insurance purposes.

• Enhances “investor readiness” and expedites the acquisition process

 

Sinking Funds

Our Expertise

• Sinking funds, also known as “reserve funds”, are required by legislation for both strata titled properties and retirement villages.  Levies are contributed by the property owners to cover the costs of future capital and maintenance expenses.  These expenses include items such as roof tile replacement, landscaping maintenance and painting.

• QS-ING provides sinking funds to comply with this legal requirement. 

• Our sinking fund service comprises an assessment of the assets condition to determine the remaining life and calculate the forecast expenditure over a minimum 10 year period.

 

Your Benifit

• Compliance with legislation.

• Substantiates the property owner’s monetary contribution.

• Useful tool for planning the likely future capital and maintenance works.