|
| |
Due Diligence Documentation "Exhibit E-9"
Structural Engineer's Report &
Approvals
The following notes
are provided pertaining to this exhibit:
-
What: the
Structural Engineer reviews the architectural designs to determine if the
foundation and load-bearing structures can support the building without
placing these structural systems at risk of failing.
-
When: during
the pre-construction phase once the market feasibility study (see Exhibit
F-3), the pro forma financial presentation (see Exhibit
F-5), site plan draft (see Exhibit
E-5), conceptual architectural drawings and the property surveys (see Exhibit
E-4) have been
completed.
-
Why: the
Project Structural Engineer is the only provider legally capable of
designing the project's foundation and structural supports. Every
to-be-built real estate project must (by law) have its architectural designs
reviewed and stamped by the Structural Engineer of record.
-
Where: the
work is undertaken at the Structural Engineer's offices and copies of
reports and recommendations are kept by the Design/Builder and Project
Architect.
-
How: as
drawings pertaining to the project's foundation plan and vertical skeleton
are created by the Project Architect, these are reviewed by the Structural
Engineer under the authority of the Design/Builder..
-
What's important: all
load-bearing building systems must be designed with care to ensure the
building doesn't fall down accidentally.
-
For projects that
do not entail any new construction that is materially significant, this exhibit is not
required.
For more information, please contact us at 832.659.5009 or via email at info@realestateplays.com.
|
