"The Breslins purchased a home for $575,000 and invested $400,000 in unpermitted renovations, leading to the collapse of a $1.5 million sale. Avoiding permits to sidestep costly requirements backfired for the Breslins, leading to a ruling that they fraudulently concealed the unpermitted work. Despite major defects uncovered during a home inspection, the Breslins failed to disclose issues to subsequent buyers, resulting in legal repercussions."
"The collapse of a $1.5 million home sale on the Jersey Shore due to concealed unpermitted renovations serves as a cautionary tale for homeowners and sellers. The case of the Breslins highlights the risks associated with bypassing construction standards and disclosure laws in the housing market. The case emphasizes the importance of adhering to building codes and obtaining permits, especially in flood-prone areas like Margate, to mitigate financial and natural disaster risks."
The Breslins bought a Margate home for $575,000 and spent about $400,000 on renovations without obtaining permits. Major defects were revealed during a home inspection for a prospective $1.5 million buyer, and the Breslins failed to disclose the unpermitted work to subsequent buyers. A court ruled that the concealment of the unpermitted renovations amounted to fraudulent conduct, causing the sale to collapse and exposing the sellers to legal and financial consequences. The case underscores adherence to building codes and permits, heightened risk in flood-prone areas, and the need for thorough buyer due diligence.
Read at SFGATE
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