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Updated almost 4 years ago,

User Stats

11
Posts
4
Votes
April Savoie
  • Logansport, IN
4
Votes |
11
Posts

Remetering electric and water from inside mf building to outside

April Savoie
  • Logansport, IN
Posted

I’ve already checked zoning for the building. 4 story building. 2nd floor has 5 apartments already. 3rd and 4th floors need gutted and converted from commercial to residential.

Current landlord/lady has all units separately electric and water metered but is inside building. City code states all meters are to be outside of building. Does anyone have an idea of cost to correct this? Also, all bedrooms have to have windows and not all do. This will also have to be corrected.

I started looking for contractors to get an idea but was suggested I get it under contract first. I’d like to get an idea of cost to correct prior to getting under contract.

The current owner has offered to have her attorney send me a contract. I’ve asked for his info to have my attorney (don’t have one yet!) contact him and sort out the contract.

What contingencies should be in the contract to ensure I don’t lock myself into something that’s not going to be good. A good attorney will know well what to put when given the rundown of the situation right?

Thanks for any help and advice in advance.

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