Property Inspection

From Open Risk Manual

Definition

Property Inspection. The act of analyzing one or more aspects of a real property for independent assessment of status or deficiency

This is independent and separate from conducting an appraisal. Examples are termite inspections, construction inspections, etc.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.