08 December 2014

no permit -- remove it !!!

We are seeing an increasing problem where tenants have installed additions, mezzanines etc without appropriate permits.

We recently sold a property, subject to finance, the property had an office addition constructed internally, it had been there for the past 20 years.

The valuer made a comment in his valuation that the addition may not have a permit.

Following investigations it was found not to have a permit, finance was rejected, the sale fell through.

The vendor has had to obtain a retrospective permit, at a cost close to $10,000.00 in fees and consultants and a 6 month delay.

Whilst improvements installed by tenants may appear to be a benefit, unless they can provide copies of permits and final certificates, they are a liability.

Steven Lawson