Commercial inspectors enable buyers to understand the value of a property and the potential ROI. They inform on the lifespan of the roofing, plumbing, electrical wiring, HVAC, and any structural weaknesses. The inspectors review the building’s permits, citations, and appraisals. They assess environmental and safety risks posed by the materials, equipment, and construction techniques. They give professional advice on corrective measures, where necessary.
What does a property inspector look for?
A property inspector, surveying residential and commercial properties, looks for issues that buyers and sellers should be aware of. They look for proof of compliance with building codes laid down by local and state governments. The property inspectors check for enforcement of safety rules, zoning regulations, and aesthetic requirements. They specialize in building inspection, plan examination, electrical inspection, and elevator inspection.
What should you look for when inspecting a commercial building?
When inspecting a commercial building, you should check for repairs needed and establish the necessary cost. A comprehensive commercial building inspection includes paving, utilities, HVAC, electrical systems, mechanical systems, landscaping, roofing, and fire protection. You will check documents that include floor plans, building plans, appraisals, and construction permits. Your inspection will enable the buyer to make an informed purchase decision.
What is an ISO building inspection?
The Insurance Services Office (ISO) performs building inspections to apprise insurance carriers and property owners about the risks associated with the structure. The buildings are rated from ISO-1 through ISO-6, subject to inspections. The ISO Building Code Effectiveness Grading Schedule (BCEGS®) program is used to inspect properties for compliance with building codes. An ISO building inspection enables underwriters to charge appropriate premiums and stay competitive.
What is looked at in a building inspection?
A building inspection covers the structure and systems of a building. The information gathered from the visual examination of the roof, foundation, floors, basement, HVAC, drainage, insulation, walls, and other structural elements are included in the building inspection report. The physical inspection concerns parts of a residential or commercial property that are easily accessible. The inspection assesses the risks and probable returns for a buyer.
Are building inspectors liable?
Building inspectors are not liable to the buyer, contractor, or property owner for any damage that may result from their approval of non-code compliant work. Building inspectors are public employees and hence immune from liabilities. However, they are liable for action if there’s dereliction in executing mandatory or ministerial tasks.
Is a building inspection worth it?
A building inspection is worth the time and money involved. The purchase of any property involves a significant sum of money. It is in your interest to learn about the existing condition of a structure before you buy it. A building inspector examines the interior and exterior to determine possible red flags, such as leaky roofs, weak foundations, faulty electrical wiring, fire hazards, etc. Sellers can implement the recommendations from a building inspection to boost their chances of a sale at better rates.
How much does a building inspection cost?
The cost of a building inspection depends on the area covered, the age of the property, and the procedures involved. Generally, commercial building inspections cost more than home building inspections. A building inspection may cost between $200 – $3,000. An inspector’s qualifications, drive time to the site, and any special equipment used influence the cost of a building inspection.
Can I use a private building inspector?
You can hire a government-approved private building inspector subject to the rules of the state you live in. Private vendors are an alternative to government-employed building inspectors who may be too busy to inspect a property. In Florida, construction companies can hire third-party inspectors to review building plans and inspect buildings. Smaller cities and municipalities prefer to outsource building inspections to private players as it’s cheaper.