Key Takeaways
- Retroactive permits cost 2-4x normal fees plus exposure and upgrade costs.
- Unpermitted additions are valued at 50-75% of permitted equivalent by appraisers.
- Pre-acquisition permit research compares permits issued to current property condition.
- Liability for unpermitted work ultimately falls on the property owner regardless of who performed it.
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Test Your Knowledge
1.What is the first step in resolving discovered unpermitted work?
2.How does unpermitted work affect property sale?