Due Diligence Mastery Lesson # 4 Quiz
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Question 1 of 10
Where should you go to see if there are any outstanding building or fire code violations on the property?
Question 2 of 10
You are allowed to request and obtain copies of any building permits and C of Os on file
Question 3 of 10
Who would have the C of O in their possession?
Question 4 of 10
You should ask the property manager if there are any outstanding building violations that they have knowledge or have been notified of only if you have an uneasy feeling about the property
Question 5 of 10
Though important, lacking C and Os or other building violation documentation is not very costly in the long run
Question 6 of 10
Often a building’s measurement numbers will be over or under estimated depending upon who has owned the property and for how long
Question 7 of 10
It is possible that some additional square footage can be picked up if the building was never re-measured under
Question 8 of 10
It is expensive insurance to have the building measured professionally
Question 9 of 10
Legal complications may arise later on if these measurements are not taken and recorded initially
Question 10 of 10
What does C of O stand for