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ASTM - Property Condition Assessment :

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ASTM - Property Condition Assessment

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.

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