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welcome to strategy saturday im charles krillo and today were going to be discussing closing out open permits on your properties recently myself and another partner were selling several small multi-family properties and during the inspection period it was realized that there were several open permits from the city and when youre selling properties or buying properties open permits are really the last thing on your mind but when it came to light we worked over a two-week period to get them all closed out easier said than done typically you need to close out all open permits prior to selling a property usually because the buyer and the buyers attorney will require it but in most cases the municipality will also require it open permits however will not typically be revealed with a traditional title search or building inspection it requires a municipality search to reveal whether there are any open permits when the municipality search was performed by the buyers attorney they found f
