Commercial and Multifamily Property Inspection Reports Reference Guide
This Reference Guide further augments the 2024 revision to the MBA Property Inspection Form by the adoption of a single rating scale. Up until this revision, there were two rating scales: The MBA Ratings Scale and the Fannie Mae Ratings Scale. Effective January 2024, the MBA Ratings Scale will be dropped, and only the FNMA Rating Scale (renamed the MBA Ratings Scale) will be used. The Guide is intended to provide information regarding due diligence for property inspections, completion of the inspection form report, as well as some helpful tips regarding the inspection process and review of the final report. The Guide is not intended to be used for instructional purposes, casualty losses (manmade or natural), condemnations, origination, due diligence, or special servicing/workout situations. However, much of the information contained herein may also apply to those circumstances.
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