An ASTM Property Condition Assessment or ASTM PCA is a specific kind of due diligence, pre-purchase, pre-lease, or post-lease inspection, performed according to a specification developed by ASTM or the American Society for Testing and Materials. The purpose of this specification is to "define good commercial and customary practice …for conducting a baseline property condition assessment …of improvements located on a parcel of commercial real estate by performing a walk-through survey and conducting research as outlined in the guide." Additional information and a copy of this guide can be obtained from ASTM.
An ASTM PCA differs from the StarGroup Basic Report in that the ASTM PCA also includes detailed document reviews, personnel interviews, and probable costs to remedy physical deficiencies, plus other requirements listed in the specification.
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