provision

if a company take a lease for 10 yrs….and every 5 yr they have to repaint that property…….so until first 5 yr..there is no present obligation…..so no need to provide for provision of painting…but once 5 yrs has elapsed , now it becomes a present obligation and maybe at end of 6 th yr…if they havent repainted the property yet…..at reporting date we can create a provision right with a best estimated amount….

i wanna know if i understood it right related to provision