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Updated about 3 years ago,
Buying vs Selling Property with Code Violations: Why the Divide?
Just bout every building i bought or acquired had at least one open code violation without it being a problem at closing table as buyer.
Now am hearing (from prosp buyers, agents) violations MUST be removed before closing on the same properties I'm now re-selling.
Why wasn't open violations a problem then; cause there wasn't a conventional lender?
And anyways, really?l per statutes, or what exactly??
NYC