If a lender requires a property condition assessment, or CPCA, that option must be selected. Otherwise, choose the inspection format that best aligns with your requirements.
Our inspection reports are either compliant with ASTM E2018 – Standard Guide for Property Condition Assessments or adapted from CAN/CSA-A770-16 – Home Inspections.
For commercial properties greater than $1M, and smaller buildings where additional financial consideration is required, following ASTM E2018, Standard Guide for Property Condition Assessments. Inspections of the subject property assess the building systems and condition and the report includes summary data and cost tables for immediate and long-term expenses.
Confirm whether your lender requires a Commercial Property Condition Assessment (CPCA), has specific reporting requirements, or requires a reliance letter permitting the lender to rely on the assessment.
Budget Cost Range: $2500+
Based on the CAN/CSA-A770-16 inspection standard to suit the requirements of small businesses considering single occupancy, locations constructed using wood frame construction and residential grade components. This may also be used for specified concerns of larger commercial buildings where the scope of work is limited. Optional information, based on CPCA standards, may be added to the report: Opinions on Probable Costs, Egress and Fire/Life Safety, Building Accessibility, Codes Compliance, Document Reviews and Interviews, and Change of Occupancy Requirements.
An Adapted Small Building Inspection (ASBI) is not intended for use by lenders or other financial institutions, and reliance letters are not available. Clients requiring an inspection for financing purposes should confirm their lender's requirements.
An explanation of our model for an adapted small building inspection, including the purpose, description and budget information for each optional opinion, please read this explanation.
Budget Cost Range: $1500–$3500.
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