When acting on a residential property being used as a multiple family dwelling always insist on a buyer condition regarding the retrofit status of such property. This includes tenanted basements as buyers are depending more and more on this source of income generation, cities and towns are getting tougher on violators, and lenders are increasingly insisting on retrofit status.
Should the seller refuse the condition it would at least alert the buyer that the property is, in all likelihood, zoned for single family use.
I hope you find our hints helpful!
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