“Grandfathered” is Not a Thing
A word I hear tossed around a lot in the real estate industry is “Grandfathered”. What is the meaning of that term? In the housing and real estate industry it’s a term I will sometimes hear agents or sellers use to down play issues that come up in an inspection report. By definition it means “exempt from new law or regulation”. Why?…Because it’s old?…that’s insensible! […]