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Updated almost 10 years ago,
Los Angeles Unit Compliance Requirements
Hey guys,
I am in the process of negotiating a deal for a completely renovated duplex (e.g. major structural changes, some add-on bedrooms, copper plumbing, tankless water heaters, etc.) in LA and the seller is adamant about removing the following stipulations from the offer:
"Seller shall pay the cost of compliance with any other minimum mandatory government inspections and reports if required as a condition of closing escrow under any Law."
"Seller shall pay the cost of compliance with any other minimum mandatory government retrofit standards required as a condition of closing escrow under any Law, whether the work is required to be completed before or after COE."
Has anyone had any experience with this type of situation? Does anyone know where I can find a list of these government requirements? Are there any resources I can use to find out?
Also, the seller wanted to remove the following stipulations as well:
"Seller shall pay for installation of approved fire extinguisher(s), sprinkler(s), and hose(s), if required by Law, which shall be installed prior to Close Of Escrow. Prior to Close Of Escrow, Seller shall provide Buyer a written statement of compliance, if required by Law."
"Seller shall pay for installation of drain cover and anti-entrapment device or system for any pool or spa meeting the minimum requirements permitted by the U.S. Consumer Products and Safety Commission."
"Seller shall pay for any private transfer fee."
Does anyone have any thoughts or advice regarding these stipulations?
Any help would be greatly appreciated! Thanks!
Dominic