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#1677269 - 03/14/12 01:33 PM construction or improvement
complyorelse Offline
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Joined: Nov 2007
Posts: 442
An application to construct additional multifamily buildings to an existing apartment complex....improvement or constuction/purchase? The collateral includes several of the existing buildings. I'm leaning toward improvement because the complex already exists but am not 100% certain.

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#1677281 - 03/14/12 01:48 PM Re: construction or improvement complyorelse
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 46,839
Bloomington, IN
Are they add-ons to the existing buildings or will they be separate buildings being constructed in the complex?

That would determine the answer whether it would be HI or construction.
The opinions expressed are mine and they are not to be taken as legal advice.

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