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All Forum Posts by: Gregg Camp

Gregg Camp has started 7 posts and replied 32 times.

Post: Seller Renewing a Lease After Property is Under Contract

Gregg Camp
Posted
  • Posts 32
  • Votes 11

I would agree you can probably cancel as it's a material change since you made the offer. If the tenant checks out it may be cheaper than finding another tenant and losing a month of rent. If your rent is a for instance $100 low, a month of vacancy would take a year to recoup. Did you go through with the purchase.

Post: How to Find When My Property Was Converted to a Multi-Family?

Gregg Camp
Posted
  • Posts 32
  • Votes 11

The county assessors office job is to note the improvements and tax accordingly. You can often go there and get photos that they take periodically. Also the building department usually needs to approve any permits such as an electrical permit for meters so if it changed from 1 to 3 they would usually need to sign off on the permit before an electrical utility would hook it up. I'd check those two sources first. You can check with a land use planner who usually can do this sort of investigation as well for a fee but the first two things shouldn't cost more than a few bucks for copies of permits or what the assessor's office has for their records. If it was done prior to 1990 it would generally be called legal non conforming. Doesn't mean it isn't legal, just doesn't conform to todays zoning changes.