What is a Commercial Property Inspection?
A commercial property inspection is a vital part of the buying process and emotions often run high, making it hard to imagine that there are any problems with the building. A buyer or seller needs an unbiased inspector to find all potential problems with the property before the deal is closed. Once the inspection has been performed; review the inspection report with the Inspector and ask as many questions as you like. You should walk away from the inspection with a complete understanding of the property’s current condition. Always choose an inspector that is licensed by the Canadian Association of Home and Property Inspectors (CAHPI) and /or the Ontario Association of Home Inspectors (OAHI). Choosing a CAHPI and/or OAHI Inspector means, you are hiring someone who can trust to objectively and independently provide you with a comprehensive analysis of the property’s major systems and components.
A commercial inspection could take up to four or more hours to complete depending on the size of the property and all commercial property inspections are performed in accordance with the American Society of Testing and Materials (ASTM) Standard E2018-01 and a copy of these standards can be found at the following link: ASTM E2018-01 Standards. The client is invited to participate in the inspection and to converse with the Inspector as the inspection progresses. To view a sample of the report Click here.