Apartment Buildings Fire Marshal Inspection

[Nir]

Hi All,

Question for apartment buildings investors:

Do you always add the following condition to your offers:

Subject to a Fire Marshal inspection satisfactory to the buyer?

THANKS,
Neil

 

[housingrental]

Or something similar - no deficiency letter from fire department - seller agrees to pay to remedy any deficiencies prior to close
Same for ESA

 

[Nir]

Thanks Adam.

 

[OlegP]

When a certificate from a recent (< 12 months) fire inspection is available, I am fine with that too.

 

[Nir]

Yep, good point Oleg. thanks.