HVAC
Also known as: Heating, Ventilation, and Air Conditioning
Heating, ventilation, and air conditioning systems that control the indoor climate. In some condominiums, HVAC systems are centralized and maintained by the association. In others, each unit has its own system for which the owner is responsible. Common area HVAC systems for lobbies, hallways, and amenity spaces are the association responsibility. HVAC systems are major reserve fund components with typical lifespans of 15 to 25 years.