Ownership · Due diligence
Principles for Commissioning an Independent Inspection
Independence, defined scope and transparent limitations matter whether the subject is a property, watch or collector automobile.
Select expertise for the subject
Choose an inspector whose experience matches the asset, system, model or condition being evaluated. General competence and reference-specific knowledge are not interchangeable.
Ask about conflicts, compensation and relationships with the seller or referring party.
Put scope in writing
Define access, tests, exclusions, deliverables, photographs, timing and whether cost ranges or priorities are expected. Agree on handling for destructive or invasive procedures.
A clear scope prevents an unperformed test from being mistaken for a favorable result.
Request observations before conclusions
Reports should distinguish observed facts, measurements, representations and professional opinions. Material conclusions should identify the evidence and limitations supporting them.
Follow-up questions are most useful when tied to a specific finding rather than a demand for broad reassurance.
Keep the decision with the owner
An inspection informs price, scope, timing and risk; it does not make the acquisition decision. Legal, tax, engineering or specialist advice may be needed beyond the inspector's role.
Preserve the report and resolution of findings as part of the asset's continuing record.