(Note that I had a lot more work done than what appears to be the relatively simple tree removal that you need.)Also, make sure you check that they are properly licensed, and that they have worker's compensation insurance and liability insurance.

I didn't want the liability and it can be a bear to clean when you get tenants that fail to clean it at all.

Some objected to buying with a already established corporation because they dont want to inherit any debt or liabilities that corp may have.

Not responsible for liabilities?

You may need to supplement the building policy in some ways.You'll also need liability coverage and, if you're occupying the condo, coverage for your personal property.

And that could also carry some long-term liabilities with it.

Rob, it goes deeper as to liability, not necessarily fraud on the part of the guy that tells the seller bad stuff.

Do you see this as a huge liability?

This will minimize mistakes/liabilities on your end.

Anyone that is currently hiring contractors without commercial general liability and workers comp insurance should read this thread.