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Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate.Commercial property and building inspections are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.
The additional cost to perform this assessment cannot be included in the amount requested in the loan and adds significant costs to the borrower. Freddie Mac/Fannie Mae Phase I Environmental Site Assessments are two specialized types of Phase I ESAs that are required when a loan is financed through Freddie Mac or Fannie Mae. The scopes of work ...
First article inspection is typically a purchase order requirement of the purchaser for the supplier to complete. If the manufacturer doesn't have the in-house capability or if the purchaser requests, the first article inspection may be conducted by an approved subcontract supplier such as a dimensional inspection/metrology laboratory.
A late payment on a credit card or loan may feel like a small mistake, but it can have lasting effects on your finances. Missed payments can lead to late fees and higher interest rates .
Some building inspection expertises like facade inspections are required by certain cities or counties and considered mandatory. These are to be done by engineers and not by contractors. An example of a city that adopted this law is Quebec followed by a fatal incident that occurred due to negligence of the state of a facade. These inspections ...
For example, if you’re writing about student loan forgiveness, be sure you fully understand the various federal programs in place. You could also review expert student loan commentary to help ...
The Construction Specifications Institute (CSI) is a United States national association of more than 6,000 construction industry professionals who are experts in building construction and the materials used therein. The institute is dedicated to improving the communication of construction information through a diversified membership base of ...
This is the only site where borrowers can sign up for student loan forgiveness. The official launch of the application portal follows a beta test that offered borrowers periodic access over the ...