property condition assessment: Know Your Commercial Building Inspection Standards
- 01/23/07 02:12 AM
Commercial building inspections can give clients the same peace of mind that a residential inspection does. Reports can provide information on the estimated cost of repairs, the current condition of hundreds of components in the buildings and added confidence going into purchase negotiations. Still, most commercial properties are not inspected as part of the sales agreement. On the residential side, nearly 80 percent of homes under contract include an inspection as a contingency to purchase. As a result, standards of practice and codes of ethics for home inspection are clearly defined by national home inspection organizations, whereas commercial building inspection has
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