Partner PCA Questionnaire 2025

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What does a Property Condition Assessment (PCA) include? PCA typically includes a review of the buildings structural components, mechanical systems, electrical systems, plumbing, roofing, interior finishes, and site improvements. It may also include an assessment of compliance with building codes and regulations.
The Key Differences Between PCA and FCA Reports Purpose PCAs are usually completed before purchasing a commercial real estate project as part of the due diligence process. FCAs are performed after a property changes hands or when an owner wants to reevaluate their space.
FCA assessments also incorporate all of the systems of each building on a parcel, but compared to a PCA, an FCA report will contain a more thorough accounting of the material components of each system, usually in the form of inventory tables.
A Property Condition Assessment (PCA) is a walk-through survey of the physical condition of a property, typically conducted as part of the due diligence process for commercial real estate transactions, or as a guide during capital planning to understand the facilitys condition.
The typical cost range is from $500 to more than $10,000. The price of an inspection or Property Condition Assessment will depend on several factors including the specific scope of the assessment, the location, age and type of buildings.

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Often referenced interchangeably, Property Condition Assessments (PCA) and Facility Condition Assessments (FCA) are used to evaluate asset features like maintenance needs, system functionality, and regulatory compliance. Depending on your objective, either assessment has the potential to fit your needs.

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