ASTM E2018: Baseline Property Condition Assessment Process
Standard: ASTM E2018 - Baseline Property Condition Assessment Process
Certification Required: N/A; however, per ASTM: Generally, professional architecture or engineering licensure/registration, and/or certifications, education, or appropriate construction experience related to these disciplines are recognized as acceptable qualifications.
Scope: per ASTM E2018 (Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment) and Fannie Mae or Freddie Mac Guidelines
Applicable Products: Due diligence during commercial real estate transactions and as a guide for capital planning.
Test Procedure: walk-through survey of readily accessible, easily visible components and systems of the subject property.
End Result: A Property Condition Report which includes a summary of observations and opinions of recommendations of the observed systems.
Intertek Testing Locations: Nationwide