The building was constructed in 1956 and the listing said, "Everything Updated" - in 1980. Except the electric.
And it was an old fuse box as well!
The AC unit was newer than that though - it was dated 1993.
When they replaced the AC it might have been because there had been a problem with the previous unit.
Or maybe the previous fuse for the unit.
A very serious scorch had happened somewhere a long the way!
That might be the reason for the newer AC fuse in the fuse box.
So, it was true - everything was updated, even the electric!
However, was the box compromised? Did that scorch do damage to other components inside the box?
Evaluation is certainly needed, if not a complete upgrade to the system!
My evaluation: this building was converted to condos in 1980. When that happened of course some things were updated to the code then to comply with condo regulations. But the electrical system did not need to be updated apparently. Newer systems often are not compatible with older electrical wiring and fuses. An upgrade in this regard is highly recommended, and was on this inspection. But when you see a scorch it is NEVER a good sign. Attention needed! But when a listing says that everything is updated, a 1980 or 1993 time frame is not exactly what people understand...
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