When to Get an Inspection
If you’re new to commercial property ownership, you might not be sure when it’s most appropriate to request property inspections. For one, when you seek to purchase a commercial building, call immediately and schedule an inspection by an independent inspection company. You should get your own inspection even if the seller presents an inspection report. Getting a second set of eyes will give you peace of mind in your purchase.
Likewise, you should get an inspection before you list a property. This will allow you to find any issues that might decrease the property’s value so you can repair or remove these issues and ask for a higher selling price. In addition, you should get inspections between leases so that you can hold former tenants accountable for damages and perform repairs for new tenants.
If you operate a business in your building, you’ll still need to perform regular inspections. As part of your due diligence, you’ll need to prove the safety and hygiene of your facility. Regular inspections will also encourage your employees to maintain the premises and report any issues promptly.