liability to neighbor (by dodge [PA]) Apr 23, 2019 1:12 PM|
liability to neighbor (by Robert J [CA]) Apr 23, 2019 1:28 PM
liability to neighbor (by plenty [MO]) Apr 23, 2019 3:09 PM
liability to neighbor (by NE [PA]) Apr 23, 2019 3:18 PM
liability to neighbor (by Nicole [PA]) Apr 23, 2019 7:22 PM
liability to neighbor (by nhsailmaker [NH]) Apr 24, 2019 4:07 AM
liability to neighbor (by WMH [NC]) Apr 24, 2019 5:30 AM
liability to neighbor (by Dodge [PA]) Apr 24, 2019 5:35 AM
liability to neighbor (by AllyM [NJ]) Apr 24, 2019 6:02 AM
liability to neighbor (by Ed [PA]) Apr 25, 2019 4:59 PM
liability to neighbor (by Dodge [PA]) Apr 26, 2019 2:00 PM
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liability to neighbor (by dodge [PA]) Posted on: Apr 23, 2019 1:12 PM
I'm looking at 2 story rowhome, but concerned about potential liabilities with the neighbor. The place as been vacant for more than a decade, water has leaked all the way from the roof to the basement. The front brick is deteriorating had has bulged about 3 inches at midheight on this building and the neighboring building.
You can see cracks in the neighboring building that have had numerous patches. The party wall is not brick, just studs and paster/lathe - which explains why the bulge is on both buildings.
I talked to the investor and he thinks that whoever buys the rundown building has to pay for his building to be fixed.
If I buy this rowhome, would my neighbor have any legal right to have me pay for damage to his building that was cuased before I bought the building?
liability to neighbor (by Robert J [CA]) Posted on: Apr 23, 2019 1:28 PM
I would obtain a buyers Title Policy with liability coverage and a Special Landlord Fire policy with extended coverage in case of issues before and during your ownership.
I would check the court records, building and safety and other official departments to see if there are any pending issues.
I purchased an apartment building that next door had a fire and they new owner put up a fence 1 foot onto my property. It had been there only 4 years and it takes 5 years to gain an easement. I tried to deal with that owner but instead put up a new fence 1 foot beyond the current fence. The the owner and his tenants took down my new chain link fence and I was able to file a police report and a claim against his liability policy. I had the survey report showing the boundary.... --47.156.xx.xx
liability to neighbor (by plenty [MO]) Posted on: Apr 23, 2019 3:09 PM
Isnt there another building you can buy? This sounds like a bad condition building inside and out, a tear down --99.203.xx.xx
liability to neighbor (by NE [PA]) Posted on: Apr 23, 2019 3:18 PM
How much are they paying you to take this place? --97.35.xx.xxx
liability to neighbor (by Nicole [PA]) Posted on: Apr 23, 2019 7:22 PM
in Pennsylvania, title insurance does not cover structure damage. No idea what "liability coverage" on a title policy is. --72.70.xxx.xx
liability to neighbor (by nhsailmaker [NH]) Posted on: Apr 24, 2019 4:07 AM
Only a lawyer can answer that question as it is a pure title issue
that said - there is a reason why it has been vacant for ever
unless it was given to me for free I would run --24.62.xxx.xxx
liability to neighbor (by WMH [NC]) Posted on: Apr 24, 2019 5:30 AM
Recently a building in Baltimore collapsed on a man sitting in his car outside. It was described just as you describe this one.
Unless you can fix or demolish it immediately, you are going to be liable for anything that happens after you buy it.
liability to neighbor (by Dodge [PA]) Posted on: Apr 24, 2019 5:35 AM
Thanks for everyone's insights.
I have done online research on the property and there aren't any leins on the property.
It's in a good location and the land alone is worth something. Previous owner walked away and the bank just let the place sit. This is an opportunity, I just need to understand the risks. --174.200.xx.xxx
liability to neighbor (by AllyM [NJ]) Posted on: Apr 24, 2019 6:02 AM
Hi. I don't know you and you don't know me but these kinds of buildings just fall down. They collapse into themselves because whatever is holding up the floors inside is rotted out. Unless you want a bill for a cleanup and possibly suit when the next door neighbors' wall comes down, don't buy this building. I have seen more than a few on the local Philly news over the years. There is a reason why the previous owner walked away. The land is not worth what it will cost you to haul out the debris. One more rainstorm could do it. --173.61.xxx.xx
liability to neighbor (by Ed [PA]) Posted on: Apr 25, 2019 4:59 PM
I bought a building exactly as you describe in my early days. The brick wall on a rowhouse bulged with the neighbors for 10 years prior to me purchasing. I started fixing another nearby and the neighbor called the building inspector and threatened him that she was going to the TV news if he didn't do something to make me fix mine and hers immediately. The inspector condemned my building and I sold. The new owner let the building go after a few years and the city took it down. Her wall came down at the same time and they fixed it at their cost for a cost that exceeded the value of both buildings ARV.
Title insurance does not cover cost of structural damage. You can't buy fire insurance for a building in that kind of shape. You can buy liability but it only covers if someone gets injured not for structural. --71.112.xxx.xxx
liability to neighbor (by Dodge [PA]) Posted on: Apr 26, 2019 2:00 PM
Im going to meet with a engineer who specializes in this type of repair. --174.200.xx.xx
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