Inside wiring installed in a multi-dwelling unit by a service provider is typically paid for and capitalized by the service provider.  For property tax purposes, State and local property tax assessors claim the value in this inside wiring belongs to the service provider. 

WHO ENJOYS THE VALUE OF THIS WIRING……BUILDING OWNER OR SERVICE PROVIDER?

If you have two identical buildings for sale with one wired and the other not wired, do both have the same market value or would an informed buyer pay less for one than the other?

Once the contract expires and the wire is cut at a demarc point outside of the building and another service provider is awarded the contract, who pays for the value of that same wiring now?

There is a simple 3-prong test to be applied here of annexation, adaptation and intent.  The courts tend to give more weight to intent of the parties.  Was the intent to remove this wiring from the building….most likely NO.

Just a thought.

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