What if I want to sell, lease or sublease a building or area while a major refurbishment is in progress?
The exception for major refurbishments that require a certificate of occupancy (however described) under a law of a State or Territory is intended to cover refurbishments that are in progress as well as those that have been completed. To be clear, from the time the certificate of occupancy that applied prior to the refurbishment is no longer valid until two years after the certificate of occupancy issued after the refurbishment is complete, a building or area will be regarded as excepted from being disclosure affected under the Building Energy Efficiency Disclosure (Disclosure Affected Buildings) Determination (No. 2).
Related Questions
- I am a tenant in a building and I have to pay for common area utility bills and I’d like to see improved lighting efficiency, but I don’t have the authority to make changes. How can I participate?
- When I purchase a life lease to live in the independent living area, am I buying the building and property?
- How can I determine the area of a building or space for which there are no existing plans (paper or CAD)?
