CHINESE DRYWALL – How is the Property Appraiser assessing properties with Chinese drywall problems?
As has been extensively reported in the news, some homes constructed in Broward within the past few years contain contaminated Chinese drywall. This drywall — over time — emits sulfur odors and seemingly causes visible corrosion to copper pipes and air conditioner evaporator coils. However, until a homeowner contacts our office to notify us, we have no way of independently identifying which homes contain contaminated Chinese drywall. These drywall problems seriously impact the value of these homes. To ensure fair assessments for these damaged properties, we will reduce the building value by 50% — subject to the owners providing us with sufficient documentation of the condition and agreeing to this resolution for the 2009 assessment. The documentation we are seeking includes: • Letters from the property owner’s builder/developer confirming the presence of contaminated Chinese Drywall within the residence; and • Inspection reports performed by an independent inspection company OR an i
As has been extensively reported in the news, some homes constructed in Broward within the past few years contain contaminated Chinese drywall. This drywall — over time — emits sulfur odors and seemingly causes visible corrosion to copper pipes and air conditioner evaporator coils. However, until a homeowner contacts our office to notify us, we have no way of independently identifying which homes contain contaminated Chinese drywall. These drywall problems seriously impact the value of these homes. To ensure fair assessments for these damaged properties, we will reduce the building value by 50% — subject to the owners providing us with sufficient documentation to confirm the presence of the condition and agreeing to this resolution for the 2009 assessment. The documentation we are seeking includes: • Letters from the property owner’s builder/developer confirming the presence of contaminated Chinese Drywall within the residence; and • Inspection reports performed by an independent in
As has been extensively reported in the news, some homes constructed in Broward within the past few years contain contaminated Chinese drywall. This drywall — over time — emits sulfur odors and seemingly causes visible corrosion to copper pipes and air conditioner evaporator coils. However, until a homeowner contacts our office to notify us, we have no way of independently identifying which homes contain contaminated Chinese drywall. These drywall problems seriously impact the value of these homes. To ensure fair assessments for these damaged properties, Florida law was changed in 2010 to reduce the building value portion to $0 for single family homes “if the building cannot be used for its intended purpose without remediation or repair” — subject to the owners providing us with sufficient documentation of the condition. Additionally, the law only applies if “the purchaser was unaware of the [contaminated] drywall at the time of purchase” — so we examine the real estate listings to
