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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.
Facility condition assessment is an analysis of the condition of a facility in terms of age, design, construction methods, and materials. [1] [2] The individuals who perform the assessment are typically architects and engineers, and skilled-trade technicians.
A building inspector may be certified either as a residential or commercial building inspector, as a plumbing, electrical or mechanical inspector, or other specialty-focused inspector who may inspect structures at different stages of completion. [1] Building inspectors may charge a direct fee or a building permit fee. Inspectors may also be ...
In most cases, the public file searches, historical research and chain-of-title examinations are outsourced to information services that specialize in such activities. Non-Scope Items in a Phase I Environmental Site Assessment can include visual inspections or records review searches for: Asbestos Containing Building Materials (ACBM) Lead-Based ...
Of course, there are many variations to this as well. In many cases and ideally, there is an ongoing building enhancing and commissioning program and team for the life of the building. Building commissioning is a quality-focused process necessary for both non-complex and complex modern construction projects.
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They have knowledge and experience in the field of business management and building science. [3] Professional construction managers may be hired for large-scaled, high budget undertakings (commercial real estate, transportation infrastructure, industrial facilities, and military infrastructure), called capital projects.
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