Deferred Maintenance Assessments
Deferred Maintenance Assessment (DMA) reports contain information about a structure and its components vital to investment and finance decision making. Adhering to ASTM-E-2018-08, the current industry standard, a DMA report determines the condition of a building's systems to establish the estimated cost to repair short-term (up to 1 year) physical deficiencies and deferred maintenance that may not warrant immediate attention. Systems include structural, plumbing, heating and ventilation, air conditioning, electrical, fire protection, finish materials, exterior facades, roof, site amenities, general ADA compliance and vertical transportation. DMA reports do not include a 12-year reserve schedule. The report provides appropriate due diligence for a real estate transaction.
Why work with First American?
- Proprietary cost analysis formulas and the most up-to-date schedule of unit construction costs ensure a more accurate calculation of repairs and maintenance costs.
What do we offer?
- An ASTM-E-2018-08-compliant property condition report evaluates the condition of the site, building foundation, superstructure, HVAC, plumbing, roofing, parking, fire protection, safety issues, interior building finish elements, municipal research, tier I ADA (visual accessibility survey) and vertical transport.
- A DMA is generally used to reduce the value of real estate in estate situations, thereby reducing inheritance taxes.
Visit Product Website
First American Commercial Due Diligence Services
First American Commercial Due Diligence Services
http://www.firstamcds.com
Call
1.405.701.1082
Email a Product Specialist
krfrank@firstam.com
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