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Old 04-25-2006, 08:27 AM  
Jensen
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Join Date: Apr 2001
Location: Norway
Posts: 3,790
Quote:
Originally Posted by L-Pink
HuH? He said he bought an apartment. He doesn't know when he can legally move in. Based on that he obviously didn't have a lawyer review before closing.

So he also probably doesn't know his legal position if .....

The building needs a new roof shortly after moving in ....
Someone's plumbing fails and ruins another unit ....
Fire partially or completely ruins the building ....
A guest is injured on common property and sues the whole building ....
Is a special umbrella insurance policy needed ....
Etc, etc .....

Buying part or a percentage of something is very different than owning all of it.
What he said was the they have 3 months to move. Thats pretty standard and normal. Every property has been inspected before sale up here and a status report is included with the paperwork in viewings. Don't know how other countries handles that though...
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