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Tag Archives: ASTM E2018

Property Condition Reports, a Comprehensive Overview

The Property Condition Report is a due diligence tool that helps buyers and lenders of real estate to understand the condition of the asset they are buying.   The most important section of the Property Condition Report is the Immediate Repairs table and the Replacement Reserves Table, where we express to the report user the capital…

Property Condition Report, What is Included?

Property Condition Report What is included in a Property Condition Report (PCR)? The short answer is that the Property Condition Report evaluates all improvements.    Most Property Condition Reports done for lenders are done within the scope and limitation of the ASTM Standard E2018.  My firm, Partner Engineering and Science, typically defines the scope as follows: Conduct…