Property Condition Report

Property Condition Report

A Property Condition Report (PCR) under ASTM E 2018 is ordered as an integral part of the investor(s) due diligence in the acquisition phase. The PCR provides, to the extent possible, opinions on the physical condition of the property and its integral components as well as estimated costs to remedy deficiencies. The ASTM guide allows the Client to deviate from the standard to incorporate higher or lower standards of inspection to meet their due diligence objective. The Client should determine their risk tolerance and level of expectation appropriate to the acquisition, ownership and operating objectives.

Phase I Environmental Site Assessment

Conduct visual inspection of property under Florida Department of Environmental Protection guidelines to assess the possibility of current or prior contamination of soil or groundwater.

 

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