However, simply because a building must be bought “as is” does not mean that one cannot conduct thorough pre-purchase investigations to help make sure that their purchase isn’t foolhardy. In fact, a thorough inspections process is prudent and highly advisable. While a professional inspector is suggested, we’ve compiled a short checklist of common defects to be on the lookout for, for your referential convenience.
Before entering into a contractually-binding obligation in New York, a buyer is advised to:
We at KAPLAN, DITRAPANI, FARIA & RABANIPOUR LLP suggest bringing along rubber gloves, a flashlight, and spare light bulbs (for testing sockets). We also suggest bringing along a camera for documentation purposes. Remember, a thorough inspection is worth nothing if you don’t take careful and detailed notes.
For more advice on pre-closing walkthroughs, feel free to contact KAPLAN, DITRAPANI, FARIA & RABANIPOUR LLP to schedule a free consultation.