Skip to content
GeoDataVision
Thread Options
#1677269 - 03/14/12 01:33 PM construction or improvement
complyorelse Offline
Gold Star
Joined: Nov 2007
Posts: 442
U.S.
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.

Return to Top
HMDA

   
HMDA Academy
#1677281 - 03/14/12 01:48 PM Re: construction or improvement complyorelse
Dan Persfull Offline
10K Club
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.

Return to Top

Moderator:  SMQ, CRCM