How You Will Benefit
This new course gives you an overview of the ASTM Property Condition Assessment (PCA) standard and explains why it was developed. It provides an excellent guide on how to use the standard to conduct a baseline property condition assessment and how to prepare a Property Condition Report (PCR).
About ASTM and Sponsoring Committee E50
Organized in 1898, ASTM is one of the world's largest voluntary standards development organizations. ASTM standards have grown to be among the world's most widely used and accepted documents. Recognizing the need for authoritative site assessment standards, ASTM pulled together environmental professionals, real estate and insurance professionals, lawyers, and government representatives. The members of ASTM Committee E50 and its Subcommittee E50.02 on Commercial Real Estate Transactions developed the standard upon which this course is based. . For more information on Committee E50 contact Dan Smith at (610) 832-9727 or go to our E50 technical committee page.
Free ASTM Membership
Attend this course and receive a FREE 1-year membership to ASTM International and Committee E50 on Environmental Assessment, Risk Management, and Corrective Action. (Applies to new members only and may not be used to renew existing memberships)
Attention: Professional Engineers
If your state has a continuing education requirement for license renewal, ASTM training courses and ASTM membership can help you meet that requirement.
Learn About
* Procedures for conducting a walk-through survey
* Which key areas should be included in a PCR
* How to establish reasonable expectations for PCRs
* To Identify the property's physical deficiencies
* How to read a PCR.
Who Should Attend
* Anyone who uses a Property Condition Report, including:
*Purchasers of Commercial Property
* Potential Tenants
* Owners
* Existing or Potential Mortgagees
* Lenders
* Property Managers
* Those Who Conduct Property Condition Assessments and Prepare PCRs
Course Outline
Registration: 8:00 - 8:30 a.m.
Class: 8:30 a.m.-4:30 p.m. both daysDay 1
* Course Overview
* ASTM Process
* Introduction to E 2018
* Definitions of Terms and Acronyms
* Significance of Use
* User's Responsibilities
* The Consultant
* Documentation Review and Interviews
* PCA-Site Visit/Walk Through
* Site Visit Components
* Site
* Structural Frame and Building Envelope
* Roofing
* Plumbing
* Heating
* Air Conditioning/Ventilation
* Electrical
* Vertical Transportation
* Life Safety/Fire Protection
* Interior Elements
* ADA
* Additional Consideration
Day 2
* Opinions of Probable Costs to Remedy Physical Deficiencies
* Reserves
* PCR-Written Document
* Purpose of the Report
* Suggestions
* Examples
* Specific Property Types
* Multi-Family
* Commercial Office Buildings
* Retail Buildings
* Warehouse/Industrial
* Hospitality
* Specialty
* Wrap-up of Course
* Course Evaluation
About the Instructors
The professionals who contributed to the development of the PCA standard teach this course. They are members of Committee E50 on Environmental Assessment and are now involved in developing new ASTM environmental assessment standards.
On-Site Training Available
ASTM can bring this course to your site for groups of 12 or more. On-site training courses can also be tailored to meet your specific needs. For more information, contact: Scott Murphy, phone: (610) 832-9685, fax: (610) 832-9668.
Fee Includes
FEE OF $895 INCLUDES:
* Copy of E 2018 Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment Process
* Course Notes
* Certificate Of Attendance
* 1.5 Continuing Education Units
* Coffee Breaks
Refunds will be made for cancellations received before the first day of class.