When individuals are interested in purchasing commercial real estate, a commercial property condition assessment (PCA) is necessary to evaluate the current condition of the property. Many structural engineers use the ASTM 2018 Standard to assess commercial properties. A property assessment for commercial buildings can also be used to assure lenders that prospective buyers will be able to properly maintain the building and pay off their loan with their current cash flow. These extremely detailed reports must be completed by trained professionals to ensure the validity of the report.
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