Hey Guys,
I have just bought a rental property in New Brunswick where previously the city had been in the dark about the rental suite in the basement of the house (Which means I have currently a suite which is not fully legal)
However I have just had an electrician try to replace the downstairs electrical panel and when he tried to pull the building permit at city hall he unknowingly mentioned to them that there are 2 units in the house. Now they are reviewing their records and I'm afraid they might send and inspector and screw me over in demanding many upgrades and an increase in taxes.
Does anybody know how I can get around this? Currently I have tenants downstairs and nobody upstairs and it is likely apparent that I have 2 units for sure even though there is a staircase connecting the 2 units. Do I have an inspector coming to check it out for sure now?
Am I screwed here and forced into major renovations in order to get by?
Any suggestions?
I have just bought a rental property in New Brunswick where previously the city had been in the dark about the rental suite in the basement of the house (Which means I have currently a suite which is not fully legal)
However I have just had an electrician try to replace the downstairs electrical panel and when he tried to pull the building permit at city hall he unknowingly mentioned to them that there are 2 units in the house. Now they are reviewing their records and I'm afraid they might send and inspector and screw me over in demanding many upgrades and an increase in taxes.
Does anybody know how I can get around this? Currently I have tenants downstairs and nobody upstairs and it is likely apparent that I have 2 units for sure even though there is a staircase connecting the 2 units. Do I have an inspector coming to check it out for sure now?
Am I screwed here and forced into major renovations in order to get by?
Any suggestions?