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Elevator Due Diligence Assessments

Before Purchasing an Elevator or Escalator

Talk to an Elevator Advisor

Reliable Due Diligence Assessments From ATIS 

Elevators and escalators are investments that impact a building's safety, operational costs, and asset value. An elevator or escalator due diligence assessment is essential whether you’re acquiring, selling, or managing commercial property. ATIS delivers unbiased, expert insights that empower building owners, real estate brokers, and asset managers to make informed decisions, avoid unexpected liabilities, and negotiate more effectively during a property transaction.

Here is a breakdown of how our due diligence assessments can benefit you:

Financial Risk Mitigation and Capital Planning

Assessments uncover deferred maintenance, obsolete components, or failing systems like motors or controllers that the seller may have failed to disclose. They provide a clear picture of the equipment's remaining useful life and necessary, immediate, or upcoming capital expenditures, allowing for informed purchase price negotiations. They also prevent premature upgrades by determining whether a modernized elevator actually has partial, obsolete, or poorly installed components, saving you from unnecessary remodernization. 

Safety and Code Compliance

Our due diligence assessments identify critical safety issues, such as inoperable brakes or failing doors, that could lead to accidents, lawsuits, and higher insurance premiums. They validate that the equipment meets current ASME A17.1 safety codes and local regulations, preventing expensive fines, shutdowns, or violations. Unlike a standard annual safety inspection, which only checks for minimum compliance, a due diligence audit provides a deep, independent technical review. 

Operational Performance and Efficiency

Our proactive assessments identify potential issues before they cause service interruptions. Smoothly running, reliable, and fast elevators are crucial for the building's reputation and occupant satisfaction. These assessments evaluate ride quality, traffic flow, and wait times to ensure the system adequately serves the building. 

Know Your Equipment’s Real Condition and Liabilities

Our Due Diligence Assessment Includes:

  • Extensive inspection of elevator equipment and components

  • Analysis of past maintenance and inspection records

  • Written assessment of condition

  • Written evaluation of maintenance program

  • Estimated lifetime of equipment

  • Basic Capital Planner

Elevator systems represent a significant investment within a building. Buyers need to clearly understand their current condition, potential liabilities, and projected future expenses.

Through a comprehensive due diligence assessment, our engineers and experts meticulously analyze all equipment and components. This process empowers you to preempt costly future issues and utilize objective data to negotiate a purchase price that reflects the asset's true worth. 

When should you consider a Due Diligence Assessment?​

  1. You are purchasing a building and want to know what you are getting for your money.​

  2. You are selling a building and want to avoid a long inspection period during the sale.

  3. You need a building acquisition elevator or escalator assessment for better negotiation leverage.

Pre-Purchase and Pre-Acquisition Inspection Services 

Don’t finalize your real estate elevator or escalator inspection without an ATIS expert. Our elevator and escalator pre-purchase inspection services provide actionable intelligence for buyers and investors. Each elevator or escalator pre-acquisition assessment helps protect you from expensive surprises after closing.

ATIS goes beyond inspections by offering real estate elevator and escalator consulting at any stage of your property transaction or ongoing asset management program. Whether you need a single building purchase elevator inspection or a scalable approach across multiple properties, our nationwide team delivers results you can rely on.

Contact Us Today

Ready to schedule an assessment or learn more about your unique project? Contact us today for a comprehensive elevator or escalator system acquisition review and ensure you’re making the best investment decision for your portfolio.

Additional Assessments Available

Contact us for multiple services discounts

  • Many states currently mandate door lock monitoring safety features. Our assessments will verify if your equipment meets these compliance standards. Learn more about our Door Lock Monitoring Assessments.

  • Gain a thorough, on-site evaluation of your equipment's operational performance, maintenance quality, and projected lifespan through a condition and maintenance assessment. 

  • Maintaining clean oil is paramount for hydraulic elevator systems, which is why we recommend scheduling an oil test.