(While this information is specific to Falmouth, MA, a smart investor will take note and include the information as they research property in other locations.)

In the town of Falmouth, we occasionally have property for sale with "Accessory Apartments".  This means that besides the main residence there is an attached or detached "other" residence on the same property. While there are many Falmouth residences being used as accessory apartments, not all of them are approved by the town.

What does approved have to do with anything? Approved is a protection for tenants, owners, and even lenders. Without town approval, a property may not be able to be insured correctly. This could be a problem for the owner if they need to repair something, it could also be a problem for a tenant if they have a health or safety issue on the property.  Lenders want to keep the property in it's best condition, and they don't want complications with insuring a property they are lending on.

The following lists were provided to real estate professionals at a recent meeting with the Town of Falmouth Board of AppealsZoning Administrator, Sari Budrow.  This list is from 2007, and it is apparently the most recent completed list that the Board of Appeals has.

If you believe you have an accessory apartment on your property in Falmouth, MA, and you do not see your address on this list, I'd call the Board of appeals and see what you need to do to bring the property into compliance.  It could save you some headaches in the future. You can also look at your tax bill to see how your property is described, although the tax department and the other departments do not always communicate well.

Best wishes, Heath