COMMERCIAL & INDUSTRIAL
PROPERTY CONDITION REPORTS
A Commercial / Industrial Property Condition Report (PCR) provides an accurate record of the condition of a commercial or industrial property before it is occupied by an ingoing tenant.
A PCR is used to ensure the ‘make good’ provisions in the lease can be equitably enforced at the end of the tenancy. Unlike the Western Australian residential market, it is not a legislated requirement for commercial properties to include a PCR at the commencement of a lease agreement. However, without a PCR, the same challenges and pitfalls exist.