Discussion Post: Real Estate
In most states, sellers of property and brokers representing them are not required to disclose the fact that a property is a stigmatized or psychologically-impacted property (one that has had some undesirable event occur on the premises, such as a murder, suicide, haunting, etc.).
Do you believe such disclosures should be required by law? Do you consider events such as these to be material factors in making a buying decision? Does Virginia law require property sellers or brokers to disclose such information? Is disclosure of a prior HIV-positive tenant or meth manufacturer required to be disclosed?
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.