Home Buying in Brooklyn>Question Details

Kira Garcia, Home Buyer in Queens, NY

Roof deck permit & property value

Asked by Kira Garcia, Queens, NY Fri May 3, 2013

I am in contract for a condo in Brooklyn and just found out that the building's (small) newly constructed roof deck does not yet have proper permits. The seller will put money in escrow to cover [some of] the costs of permitting, but if we (condo owners) are still not able to bring it to code, how do we minimize our legal liability? To what extent would this impact the resale price? Thanks for your advice!

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