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This costly mistake could have been avoided
Just before the holidays, I attended a seminar given by David Levin, prominent local attorney specializing in waterfront property transactions. Entitled “Red Flags on the Waterfront,” it outlined some of the things Realtors should watch out for as they assist their clients in buying and selling.
Many possible pitfalls await the unwary buyer.
Now, regarding making changes to a property after you’ve bought it, you would certainly expect to have to comply with all regulations and get permits and such, and you would look into all that prior to buying, if it was critical to your plans. You might also assume that if you intended to use the property as-is, in the same way that the previous owners did, that you would have no problem doing so. But that would be a dangerous assumption.
David related a story of a man who bought a property with a dock, specifically because it would accomodate his boat. The buyer asked for, and the seller furnished, a copy of the County permit for the dock. But the buyer did not investigate whether the dock was built according to the county-approved building plans. In fact, it was built 10 feet longer, but no one noticed ... more

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