Commercial Real Estate Investment/Sewer connection

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Question
strip mall built 1958/9.laundromat is original. I purchased 1981/gray water discharge connected to storm sewer.a 1984 request to change storm to sewer ignored by landlord.2008 new landlord has given tenant 90 days to connect at tenants expense. Is this my expense?

Answer
Hi Jim,

I absolutely must preface this with the declaration that I am not a lawyer.  I declare this because this sounds like a legal dispute to me.

As a layman, I believe you have a case to make that the failure to connect in 1984 is a deficiency in the property itself of which the new landlord should have been aware from their due diligence, and the cost of which should have been reflected in an adjustment to the purchase price.  Whose cost it would have been in 1984 would depend upon the lease in place at that time.

I strongly recommend consulting with your attorney to discuss your rights and obligations and any options you may have.

Hope this helps,
John Smiley

Commercial Real Estate Investment

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John Smiley

Expertise

I am a commercial lease negotiator who specializes in representing dentists, doctors and other professionals. I have represented every manner of tenant (retail, industrial, office, professional) and only negotiate on behalf of tenants. I can answer questions that deal with commercial landlord/tenant relationships, negotiating factors and strategies, process-oriented questions, and other matters that pertain to commercial landlord and tenant rights and obligations.

Experience

I am a commercial tenant representative, specializing in negotiations on behalf of doctors, dentists, chiropractors, and other professionals. I have been a real estate professional for 10 years and have negotiated over 600 commercial lease transactions or 20,000 lease amendments, almost all representing the tenant.

Education/Credentials
B.Mgmt. (Finance) Real Estate License

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