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#236730 - 07/08/08 01:01 AM
Re: Suicide or murder in a property?
[Re: Artiste]
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Junior Member
Registered: 12/26/07
Posts: 3
Loc: Osaka, Japan
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Why would you not disclose it?
Just to make the sale?
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[url="http://www.foreclosedjapan.com"]Japan real estate[/url] | [url="http://www.foreclosedjapan.com/openrealty/search.html"]Japan homes for sale[/url] | [url="http://www.foreclosedjapan.com/openrealty/search.japan.condos.html"]Tokyo apartments listings[/url]
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#237109 - 07/09/08 11:37 PM
Re: Suicide or murder in a property?
[Re: REODayton]
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Veteran Member
Registered: 06/14/06
Posts: 598
Loc: Atlanta GA
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I think the idea that you are immune to lawsuits if you disclose everything is forgetting that if it's your listing, your Seller may sue you if you disclose it when it is not required by law to do so (like here in GA)and it kills his sale!
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#237155 - 07/10/08 09:51 AM
Re: Suicide or murder in a property?
[Re: deepsea]
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Veteran Member
Registered: 01/03/05
Posts: 538
Loc: Ontario, Canada
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Another View: Not only is it illegal for a seller or their agent not to disclose certain material facts that can affect the value, desirability or salability of a home, but the determination of what issues are material and acceptable or not acceptable rests primarily with the buyer.
If sellers lie by omission and get caught, they leave themselves open to both a civil lawsuit and/or criminal prosecution, innocent or fraudulent misrepresentation, comes to mind, and they would still be left with the now publicized home to sell in what could be described as a less than favourable climate.
Seller to sue his agent ??? A seller, may have difficultly in successfully suing his agent, on the basis that his agent made full disclosure of material facts, to effectively safeguard his client from civil litigation and/or criminal prosecution issues, as well as to reduce the risk of a buyer raising non-disclosure as an issue to avoid completion of the transaction.
Important Notice: This information is provided as basic educational information by the author and is not a substitute for the advice of an expert and/or the advice of a lawyer. There is NO representation as to legality, accuracy, correctness of the herein information and the reader is strongly urged to consult a lawyer in the relevant jurisdiction to ensure accuracy before acting on this information
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#237157 - 07/10/08 09:59 AM
Re: Suicide or murder in a property?
[Re: Devil's Advocate]
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Major Contributor
Registered: 04/12/08
Posts: 4458
Loc: Vermont's North-East Kingdom
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Someone from New York can confirm this; but it is my understanding that Case Law in New York has established that even non-material or sur-real factors, such as Ghosts, or indeed, rumors of a haunting, must be disclosed; especially if this may have a deleterious effect on the value of the property.
Now, I have sold houses that were rumored to be haunted, and the Buyers were absolutely delighted that they were buying a house with a little history/personality; but they knew about it ahead of time. Most people don't like to find out afterwards.
In New York, the Buyers found out months after the Closing that the entire neighborhood knew of these rumors; but neither the Seller nor the Broker(s) involved told them about what was considered to be common knowledge in the area. The Court rescinded the Sale, awarded heavy-duty damages, and punished the Seller and the Broker(s) involved.
As some would say, "If you know(s), you must disclose !"
Edited by Vermont007 (07/10/08 10:33 AM) Edit Reason: punctuation issues
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Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont Where We're Always Striving To Put Together "THE FAIR DEAL"
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#237226 - 07/10/08 04:09 PM
Re: Suicide or murder in a property?
[Re: Vermont]
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Major Contributor
Registered: 11/02/07
Posts: 1726
Loc: Central New York
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My understanding of New York law is that you must disclose ghosts, but don't have to disclose murders or suicides. Not that that makes sense to me....
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#237231 - 07/10/08 04:36 PM
Re: Suicide or murder in a property?
[Re: neudot]
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Major Contributor
Registered: 04/12/08
Posts: 4458
Loc: Vermont's North-East Kingdom
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I don't know about elsewhere; but here in Vermont WE ARE STRICTLY PROHIBITED from disclosing anything about Occupants of our Listings (past or present) having HIV/AIDS or if any have died on the premises of AIDS.
I tell Prospects that I am required to tell them everything I know; except I can't disclose anything about HIV/AIDS on this or any other property (emphasizing the "other").
I guess if I had the inclination, which I don't, I could start conversing about Polio or Leprosy or Migraine Headaches; But not AIDS because it's been made some kind of protected class here.
So, though it's too late to edit the last line of my last post, it shouldn't be read to mean 100%; I can't disclose HIV/AIDS. Perhaps this is a national prohibition ?
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Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont Where We're Always Striving To Put Together "THE FAIR DEAL"
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#247080 - 08/29/08 07:15 PM
Re: Suicide or murder in a property?
[Re: RESTEVE]
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Member
Registered: 07/21/08
Posts: 43
Loc: Milford, CT
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Agents/Brokers I want your take on this! If you know someone committed suicide in a property or was murdered in a property, would you disclose it? What if you were a transaction broker, and not a buyers agent? What about the listing agent? Would it matter if the property was going to be used for a childrens camp? What about if a pastor was going to purchase the property? Im not in a situation like this I just want others input for this topic. Do you have to disclose it by law or is it more a matter of ethics? In Connecticut we are not allowed to disclose this info. If a buyer asks we should have them put it in writing so we can submit it to the sellers/owners if they would like to answer this question they can but dont have to. Same procedure with H.I.V.
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Registered: 03/04/06
Posts: 217
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