What is a property condition assessment report?

A property condition assessment report is an evaluation of the physical condition of a property. It includes a detailed inspection of the building and its systems, such as the roof, HVAC, electrical, plumbing, and structural components. The report identifies visible defects, deficiencies, and potential problems that could affect the property's value, safety, and functionality. The assessment is typically conducted by a licensed professional and provides valuable information for buyers, investors, and lenders when making purchasing or financing decisions.

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