The technical building inspection consists, in general terms, in carrying out a complete examination of the property to determine the state of all its elements: the mechanical systems, the general layout of the property and the aesthetic-environmental conditions. It is very useful information if you want to buy a building, but also if you want to sell, especially at these times when the market is more stopped than ever.
Professional building Inspection certificates (IPV certificates) can therefore be a decisive factor in closing a purchase-sale transaction. It can be hired by both the buyer and the seller (or both at the same time). For the buyer, it implies the security that the property that interests them is in perfect condition, or the possibility of raising a possible discount if there is a defective element. For its part, the seller can display this information to potential buyers as a guarantee that the building does not have any problems.
In summary, experts mean that the IPV certificate can benefit the subsequent people:
- To the seller. It will speed up and facilitate the sale because it provides you with a differential fact over other buildings.
- To the buyer. You can negotiate and get a more advantageous price. In addition, it’s the buyer’s obligation to be informed.
- Who rents. In the event that there are damages in the house, with this certificate it is possible to claim the amount.
- Who already has rented a building. You can find out how you preserve and maintain your assets during the lease term.
An optional certificate
The IPV certificate is the document that certifies the status of a building. It has been used in the main countries of the world for years, as a security measure in rental, purchase or sale operations, and now also in Spain. In general, it is recommended that the building inspection be carried out before requesting a loan, in this way, any problems that the building has will be detected before allocating time or money to obtain the financing. Often times, it is the buyer who has the responsibility to pay for the independent building inspection.
The IPV report does not replace other technical reports or other mandatory documentation when carrying out a building purchase-sale operation. It also has nothing to do with the building inspections that an architect or a surveyor can carry out, since they follow the Technical Building Code, while the work of the Inspector in charge of the IPV considers other characteristics of a building, just as important, how to record on a certain date the state, operation and sanitation of the building being inspected. It should also not be confused with a property appraisal, as an appraisal is a value estimate made by a professional appraiser.
Items to be inspected
What is building inspection? Inspectors’ standard of practice requires that inspectors assess the condition of a number of components in a building and submit a written report to the buyer. The IPV Inspector carries out a detailed examination of the house, which he checks in its entirety, even in the intermediate areas.
Checks the acoustic levels, luminosity, humidity and carbon monoxide; water, electricity and gas installations; check the state of floors, walls, ceilings, tiling and baseboards, open and close doors, windows, blinds, drawers, furniture. It also checks the proper functioning of appliances, heating, ventilation, toilets, taps, siphons, drains, sanitation and general hygiene in the house. That is, it defines the general state of habitability of the building and reflects it in a written and photographic report, easily understandable, which is called an IPV certificate.
The IPV Inspector studies about 400 points in the rental report of a building and about 550 points in the sale report. The basic aspects that are reviewed are those mentioned below:
- Central heating and air conditioning systems.
- Electric systems.
- Plumbing systems inside the house.
- Ceilings, walls, floors and stairs inside the house
- Visible isolation.
- Ventilation systems.
- Basement, attic and accessible roof.
- Wall coverings, flashing and trim.
- Windows and doors.
- Drains, downspouts and leveling of surfaces.
The person who hires this service must insist that all these points be detailed in the report provided by the inspector. It is also highly recommended that you meet in person with the building inspector after the building inspector has completed the survey.
In this way, you will have the opportunity to ask you all the questions about any damage to the building and to obtain an estimate of the cost of the necessary repairs. It will also provide you with an opportunity to ask questions about maintaining it. All these data are, for the buyer, very useful to negotiate the final price with the seller.