A Property Condition Asessment (or "PCA") is an unbiased commercial real estate due dilligence assessment that is useful for sellers, buyers, lenders, commercial property owners, investors, and insurance agencies. The outcome of the PCA is referred to as a Property Condition Report (or "PCR"). The information in a PCR is vital for forecasting expenses when paparing to purchase commerical real estate, maintaining a property that you already own, and more. 

There are various reasons for having a PCA completed for a commercial property, depending on the parties involved:

• Negotiating the sale price of a commercial property, for the potential buyer of commercial real estate.
• Approval of a loan, for the commercial real estate lender.
• Insurance evaluations, for either the owner of the property or insurance agency.
• Forecasting future maintenance costs or capital/strategic planning, for the owner of the property.
• Triple-Net Leases, for either the commercial landlord or tenant where the tenant is responsible for building maintenace and repar.