Definition
Waterproofing is the application of barriers and treatments that protect a building’s structure and surfaces from water intrusion and resulting damage.
Why It Matters Financially
Waterproofing is a significant recurring capital cost, especially in coastal climates, that can exceed reserves and require financing. Addressing it on time prevents far costlier structural damage later.
Example Use Case
An association finances a building-wide waterproofing project to halt recurring leaks before they cause structural harm.
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Related Terms
Roof Restoration, Concrete Restoration, Impact Windows and Doors, Capital Improvement, Reserve Study