K & T still in use- Hey Guru's !!!

Brian,
Reality is, most old government buildings including most schools have asbestos or vermiculite in them. It is not a panic situation. Do not entertain your guests in the attic! As long as it is undisturbed it should not be a concern. Big trucks drive by my house all the time. As long as I do not walk in front of them, it is not a concern.
Just advise the purchaser of the situation but explain this area is separate from living quarters. If someone has to work up there they need to be advised to wear protective gear. (If it is a man, he will not listen anyway.)
When I was a mason in the early eighties, I probably poured a billion bags of this stuff in many walls in Alberta. I am not dead yet… or am I ?

BAck to electrical… my house was listed as “UPGRADED WIRING” When I looked at it, it looked just like the first picture. Any new wires that had been added had every ground cut. They added a 220 subpanel 2feet above the bathtub and ran a BX cable out to the water heater. And cut the ground off… can you say… bzzzzzzzzzzt! Here is a photo of one good connection.

wiring.jpg