General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago, 01/10/2015
Radon!
In the process of purchasing a multifamily. We had a radon inspection and it came back 5 times over the EPA allowance. There is a family living in the house now. The radon mitigation system can lower the amount in half. My question is will we be liable for that family if any issues come up? The 1st level where they are living will have a lower amount of radon that is acceptable by EPA standards but they use the basement to wash clothes, which will have 2.5 times over EPA standard amount of radon. Any clue what I should do? Back away from deal? Thanks for any input!