Condition inspections have quickly become commonplace, particularly in conjunction with real estate transactions.
The pros and cons of a condition inspection:
A condition inspection report provides a wealth of information on repair and maintenance requirements related to the aging of a building A condition inspection gives indication of potential hazards and risks related to a building as well as defects which can be detected through an external inspection
A condition inspection will generally not reveal a building's concealed defects. Concealed defects fall within the seller's liability even when a condition inspection has been made An inspection carried out without the appropriate expertise may convey a false understanding of the building's condition or result in unnecessary repairs A standard condition inspection is done on a sensory basis, without breaking down the structures of the apartment or house. For example, humidity measurements are based on a surface reading, which does not reveal possible humidity damage within structures.
If you commission a condition inspection, make sure you