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When you sell a house do realtors have to disclose a violent crime?
Wiki User
∙ 14y ago
If the premises being marketed was the scene of some particularly noteworthy and/or infamous crime or if the home was the scene of someone's violent death due to a crime, or suicide, this CAN be noteworthy. These events could be a point of extreme distress to some buyers who would, in all probabilty, choose not to buy. In this manner the property is deemed to be a "distressed property." Unfortunately for the sellers this could have a distinct effect on the price they may be able to ask for and ultimately receive. Contracts for real estate sales have been known to have been broken over these circumstances. Check with a local Realtor or real estate attorney. Better to disclose the matter up-front than have a sales contract broken at a later time.
Wiki User
∙ 14y ago
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Is it against the LAW for the realtor not to tell the history of the house's violent deaths Murder or Suicide?
Local and state licensing laws may dictate the licensee's obligation to disclose.
What brokerage charges do Coldwell Realtors charge when buying a house?
The brokerage charges that Coldwell Realtors charges along with commission when buying a house are surcharges and additional fees that take care of all the operations and services provided by Coldwell Realtors.
Are realtors legally required to tell you when a home is haunted?
Not typically. The laws vary from state to state, and some do require disclosure of violent deaths on the property, but this isn’t quite what you’re asking. In many states, all you’re legally required to disclose about a house are “material facts,” which are mostly structural issues that can affect the house’s value, like a leaky roof.However, there are some legal precedents of people successfully making the case that a reputation for ghostly encounters can lower property values—stigmatized properties, like scenes of violent crime, can see a decrease in value by as much as 25 percent.Many experts recommend disclosing a potential haunting even though it’s not strictly required—it could help avoid a lawsuit later.
Do you have to disclose a murder in your house when you are selling it?
yes
What are some good Californian realtors?
There are tens of thousands of good realtors in California. Comprehensive listings of realtors may be found on the Zillow and Real Estate Express websites.
How do I find a realtor that will sell my house in this economy?
Interviewing a variety of realtors is your best options. Be sure to ask how they will market your home.
What makes a house a mansion?
Technically, realtors term mansions as houses that have at least 8,000 square feet of floor space.
What are the statute of limitations for a realtor agent when selling a house where someone was killed in that house?
The seller must always disclose this incident.
Who helpes you buy a house?
A Realtor
Do police have to disclose to you what they are looking for when they come to your house with a search warrant?
Yes, part of your miranda rights
What actors and actresses appeared in House of Crime - 2006?
The cast of House of Crime - 2006 includes: Max Beesley as Narrator
How do you buy the two story house on YoVille?
you just go to the realtors office and buy it for 15000 you have to have 15 crew members first though
