Hi,
A few questions regarding apartment buildings purchase, say 10-plex:
- What is the difference, if any, between a fire retrofit and fire certificate?
- Does the buyer's lawyer usually obtain one? Would you say not obtaining one is a lawyer not doing her/his job? Or is this an exaggeration as it is not that critical?
- Should the lawyer have the buyer sign a waiver if, for any reason, the lawyer does not obtain the required doc from the fire dept or from the seller?
Thanks,
Neil
A few questions regarding apartment buildings purchase, say 10-plex:
- What is the difference, if any, between a fire retrofit and fire certificate?
- Does the buyer's lawyer usually obtain one? Would you say not obtaining one is a lawyer not doing her/his job? Or is this an exaggeration as it is not that critical?
- Should the lawyer have the buyer sign a waiver if, for any reason, the lawyer does not obtain the required doc from the fire dept or from the seller?
Thanks,
Neil