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Updated almost 4 years ago on . Most recent reply
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Urgent question: city orders on property
Happy new year everyone!
I’m a new investor and am seeking some advice regarding a property that I’m in the process of purchasing. During the due diligence process, I’ve discovered that the property has two open city orders on it -
1. Back-flow preventer device and
2. Electrical permit (IBI).
Can someone please tell me what this means? Are the sellers supposed to close all open orders before selling? What should be my next step to deal with this open order issue?
Appreciate all the help!
Most Popular Reply
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The back flow preventer is an annual thing. You have to have a plumbing company come out once a year and test the device if nothing is wrong with it, it's a couple hundred bucks for the inspection. You usually see them on larger water paid apartments or commercial properties like restaurants.