Property Condition Assessment

  The scope of work for the typical Property Condition Assessment will be based upon the Client Company Scope of Work if any and the American Society for Testing and Materials (ASTM) Standard E 2018-15. It will include the following:

  • Conduct a Site reconnaissance of the Site and adjacent properties

  • A review of the subject property, architectural, structural, mechanical, plumbing, and electrical systems, plus a limited review of the Americans with Disabilities Act (ADA) of 1990.

  • Interviews with people knowledgeable of the subject property.

  • A review of local building and fire department records regarding the subject property.

  • Opinions of probable costs to remedy Immediate Physical Deficiencies.

  • Schedule of Replacement Reserves as required by the client.

  • Preparation of a Property Condition Assessment Report as required by the client.

  • Review records of State, Federal and Local regulatory authorities, permits, citations, violations, institutional and/or engineering controls etc. relating to the Site and adjacent properties per ASTM standards.

  • Review of User provided information, including but not limited to reports, letters, correspondence and a chain of title review back to the time of Site development; to include any additional items may determine to exist.

As part of this assessment, a User Questionnaire will be forwarded to the User to complete and return to us. This questionnaire is intended to prompt the User to provide any relevant information to us. Relevant information would include previous related documentation, property capital expenses, and other pertinent information.

Equity PCAs

Real Estate Investors are interested in ensuring that their investment is a solid one, with no surprises. We tailor our Property Condition Assessments to the asset and the investor's concerns. We can perform extremely thorough building assessments where all major systems are tested and evaluated.

While our assessors are very knowledgeable, our assessments can be enhanced by our network of specialists. 

Property Condition Assessment Scope

Field Work

  • Site Assessment

  • Interviews

  • City Building Department

Building Systems Evaluated

  • HVAC Systems

  • Elevators

  • Plumbing

  • Data and Telephone

  • Boilers

  • Electrical

  • Fire Suppression Systems

Building Evaluation

  • Foundation

  • Structure

  • Roof Diaphragm

  • Interior Finishes

  • Building Envelope

Site Improvements Evaluated

  • Pavement

  • Drainage

  • Signage

  • Lighting

  • ADA Access

For any general inquiries, please fill in the following contact form:

CONTACT

Tel: 1-888-412-5642

          323-489-3406 

          415-590-7660  

          619-483-3953

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