Unusual Question From NJ
Is it required by law to disclose to a buyer the fact that the property I'm sellilng was the site of a murder/suicide?
My financial partner, a real estate agent/investor, says it is. What sourse can I go to, to find out for sure? Any legal, legal advice is greatly appreciated.
Actually, not that unusual. Here is a link to the last time it was asked:
http://www.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=14337&forum=19
If your partner is an active agent, then they should be up on the law regarding this. The best bet for a sure answer is to contact a local real estate attorney and ask them.
Roger
Thank u very much for the link and u'r response. It was very insightfull.
it's has to be disclosed for several yrs. in CA. Simple deaths has well.
Even if there isn't a specific state law requiring disclosure of violent crimes at a property, you may still have to disclose it because it could be considered a "relevant fact" to a prospective buyer.
PA does not require disclosure of violent crimes at property. I was brokering an apartment building and son of one of the tenants had committed suicide at the property. Seller's attorney recommended that that fact be disclosed to the investor buyer--which it was--because he felt the fact that such an act had taken place could be deemed relevant by the buyer in making the purchasing decision.