An evaluation of a commercial real estate asset based on a thorough inspection, including all improvements and all the systems of each building on the property; purpose of which 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.
Global Definitions Database
Property Condition Assessment Report
Source: NCREIF | Date: 09 September 2025 | ID: D1374 | Version: 1