ASTM E2557 PDF

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Standard Practice for Probable Maximum Loss (PML) Evaluations for Earthquake Due-Diligence Assessments

Published by Publication Date Number of Pages
ASTM 05/15/2016 14
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ASTM E2557 – Standard Practice for Probable Maximum Loss (PML) Evaluations for Earthquake Due-Diligence Assessments

1.1 This practice establishes standard-of-care for evaluation and classification of the financial risks from earthquake damage to real estate improvements for use in financial mortgage transactions and capital investment evaluation. As such, this practice permits a user to satisfy, in part, their real estate transaction due-diligence requirements with respect to assessing and characterizing a property's potential losses from earthquakes. This practice is intended to address only physical damage to the property from site and building response.

1.1.1 Hazards addressed in this practice include earthquake ground shaking, earthquake-caused site instability, including faulting, subsidence, settlement landslides and soil liquefaction, earthquake-caused tsunamis and seiches, and earthquake-caused flooding from dam or dike failures.

Product Details

Published:
05/15/2016
Number of Pages:
14
File Size:
1 file , 290 KB
Redline File Size:
2 files , 650 KB
Note:
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