Commercial real estate inspection and repair
I am thinking of buying a commercial property for the first time in Tampa, FL. I found that most commercial properties that are for sale in my price range need a lot of repairs. I will do the inspection, but my question is: Is the seller responsible for doing the repairs that will be in the inspection report like the case with private housing properties.
I would appreciate answers and would appreciate details and suggestions.
Most Popular Reply
@JD Gunter is right on. Everything is up for negotiation with commercial properties. And I would add that unless you have experience with commercial inspections, it would be worth finding a good commercial inspector. I grew up doing construction work for my dad, but will always get an inspection. Too many things that I don't know, too many changes to codes, too many area specific issues, etc.
Hope this helps,