What is a Property Condition Assessment?
The purpose of a Property Condition Assessment (PCA) is to observe and report on the physical condition of the subject property and to provide professional recommendations regarding future issues including financial risk or liability to the client. Major structural, electrical, plumbing, and HVAC components of each structure, as well as site improvements, are carefully examined for condition, status of completion, general code conformance, life cycle costs, sufficiency for their intended use, and extent of defects and depreciation in a Property Condition Assessment report. Site personnel performs document reviews and conducts walk-through surveys noting the physical condition of the building systems and components of a Property Condition Assessment report. Systems surveyed will in a Property Condition Assessment include the following:
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