Quite often real estate transactions take place that leave the end user or purchaser/occupant unaware that they have issues pending that require resolution with their newly acquired property, that could be costly and are still unresolved.
When properties go through escrow and they have fire prevention devices in place, they are required to show documentation that those devices are up to current standard. Very often the seller or sellers agent has the required inspection performed, be it 5-year automatic fire sprinkler certification or annual fire alarm certification. The documents of inspection are turned over to the seller or their agent to be included in the escrow and title agency whether they are code compliant and pass or fail with repairs recommended or required.
Unfortunately, the title and escrow companies are not concerned or it seems they are not concerned as to the pass or fail status of the fire systems, only that an inspection report has been included so as to close escrow. Most often the property has failed the inspection and until the new owner has taken possession, and has filed for new business license in the city they have purchased in, then it is brought to that owners attention that previously filed 5-year inspection forms were not filed as passed reports, though there were deficiencies of which they are now responsible for.
Even after the fight with the escrow company, former owner, real estate agent and fire prevention office, the fact still remains that they are the proud yet disappointed owners of a new building that has fire protection issues that need to be addressed and are often fairly costly.
Precision Fire Systems is proud to offer to all Real Estate Agents, Prospective Buyers, and management and investment institutions,our Consultation Services and basic fire protection inspection prior to negotiation of sale, or entry into escrow. Our 30 years of combined experience have been utilized on numerous occasions to allow prospective buyers know before hand what their current equipment status is and what future occupancy issues may arise.
Precision Fire Systems Has provided our services to investors who have been made aware of these issues,
(usually after learning the hard way) and have used our services, for determining if systems are current and operable without discrepancies, as well as educated them to potential future costs for maintenance, and the feasibility of upgrading those systems for new occupancies, storage of commodities, and commercial, and local authority compliance. Often if cities have changed or upgraded city standards for back-flow prevention, the requirement to fulfill the new standard, is enforced upon the sale and transfer of the property. That compliance falls on the new property owner. This falls in line with bringing the building to ADA standards and can become costly even before the purchase is negotiated.
Our company has expanded to serve the Inland Empire, to include: Murrieta, Lake Elsinore, Temecula, Perris, Moreno Valley, , Norco, Corona, Hemet, Lake Perris, Wildomar, Home Gardens, Riverside, Sun City, Menifee, Quail Valley, and all unincorporated areas of Riverside County.
Precision Fire Systems is a full service fire protection contractor. We offer full service commercial and residential inspections, maintenance, repair, consulting. Engineering, plan submission, approval and final inspection.
Precision Fire Systems has over 30 years of combined fire protection experience. Our personnel have worked with Fortune 500 companies, such as the Irvine Company, Ralph’s/Food for Less Grocery, Los Angeles Internal Services Department, servicing all of the Los Angeles county jails and government facilities, The Ritz Carlton, Holiday Inn Express, Larry Jamison at Jamison Management, The truck Shop, Counterpart automotive, and numerous homeowners, can provide references of our services and professionalism. 24/7 professional service with stock, materials, suppliers on hand. So give us a call to service your life safety system, and help keep it in top working order.
Call Toll Free (855)347-3717 For Free Estimates
