Property condition assessments (PCAs) are due diligence projects associated with commercial real estate. Commercial property and building inspections (also known as Property Condition Assessments or PCA’s) are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.
Our Assessors follow industry accepted guidelines of ASTM E2018, the only recognized standard of major lenders. PCAs are done as part of a property transfer and are done along with a Phase I Environmental Site Assessment. As Part of a PCA, a visual inspection will be performed to identify the existing conditions of the following building components (as applies to the subject property):
• Structure
• Heating System
• Plumbing System
• Ventilation System
• Insulation
• Fire Protection Systems
• Electrical Systems
• Air-conditioning System
• Roofing System
• Exterior Components
• Interior Components
• Elevators
• ADA Tier 1 survey
This assessment meets or exceeds the ASTM Standard E2018-15 for Property Condition Assessments.