Consuming less time as compared to detailed evaluation techniques, preliminary seismic vulnerability assessments are widely utilized worldwide. In this paper, a new procedure called MVP Method (moment (M), shear (V) and axial (P)), is proposed to evaluate seismic performance of RC buildings. The procedure needs structural and architectural parameters and considers the interaction of moment, shear, and axial load capacities and demands. Simple equations are proposed for each capacity and demand so as to calculate the building performance score. The proposed procedure was verified on 192 buildings, and the success rate ranged from 86.5 to 89.1 %.