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Updated over 5 years ago,

User Stats

29
Posts
18
Votes
Robert Chen
  • Westchester, NY
18
Votes |
29
Posts

Bought a 4 unit but tax record shows 5 units, what to do?

Robert Chen
  • Westchester, NY
Posted

Hi everyone. I recently purchased a property in Providence and it was listed as a 4 unit and the building really does have only 4 units in it. However in the tax record this is listed as a 5 unit. The deal was made as a 4 unit and I even got conventional loan for it. I thought the lawyers would record the deal in the city and it will get converted to a 4 unit on the records too. However I went to the city to check 2 months later and they told me I have to start from scratch to get the record changed and they could put a lien on the house for no-permit work done if I don't.... What should I do? 

I am talking to the closing attorney and the Realtors but they are just finger pointing.. 

Has anyone gone through this before? Any advice would be helpful

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