Name: Calibre Commercial Inspections
Address: 10400 Overland Road, Ste 250, Boise, ID, 83709, US
Telephone: +1-208-305-6245

Why it matters

The guide is voluntary, but lenders and investors treat it as the benchmark for commercial condition reports. The current edition is E2018-24. It describes a reasonable baseline and says a user may need more or less than the baseline depending on objectives and risk tolerance.

Source: store.astm.org

Where we discuss it

Related terms

Property Condition Assessment (PCA): A property condition assessment is a baseline evaluation of a commercial property's primary improvements, built on a walk-through survey, document review and interviews, that identifies material physical deficiencies and opinions of cost to remedy them.
Property Condition Report (PCR): A property condition report is the written work product of a property condition assessment, documenting the findings and opinions developed from the walk-through survey, document review, interviews and opinions of cost for suggested remedies.
Walk-Through Survey: A walk-through survey is the set of nonintrusive observations of readily accessible, observable property improvements that a field observer makes during a property condition assessment or inspection.
Commercial Building Inspection (CBI): A commercial building inspection is a visual, non-intrusive examination of an existing commercial property, with research and a written report on observed conditions, performed to the CCPIA Commercial Standards of Practice.

Full glossary

ASTM E2018

Why it matters

Where we discuss it

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