Property IEP 24% 是什么意思？

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Well, since 2006 we have the IEP. The Initial Evaluation Process (IEP) assessment method is a quick method of identifying if a building is potentially earthquake prone. The IEP is a fairly crude look at the building based on its age, the type of materials used, the construction type and other factors. It can be a fairly quick and cheap procedure. The answer pops out the end as a percentage of New Building Standard. If it is below 33%, the building is called Earthquake Prone, if it is between 33% and 66% it’s called an Earthquake Risk . Above 66% is generally considered safe.