Comments on: Real Estate Sellers: Be Aware of Property Disclosure Laws http://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/ Learn, Network, Invest Sat, 11 Feb 2012 20:37:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Omni Chaparalahttp://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-100067 Omni Chaparala Sun, 18 Dec 2011 01:59:32 +0000 http://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-100067 Property disclosure laws help the sellers and the buyers complete a transaction honestly. Without them, it would be really difficult to conduct business. Thanks to these laws, buyers are better protected. Property disclosure laws help the sellers and the buyers complete a transaction honestly. Without them, it would be really difficult to conduct business. Thanks to these laws, buyers are better protected.

]]> By: Ms. Stoltehttp://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-91179 Ms. Stolte Fri, 21 Jan 2011 23:17:01 +0000 http://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-91179 Quick story. Last week of Dec, I moved into a rental house purchased by my parents. Just as I was finished moving in the last batch of my stuff after two weeks, the furnace started having problems. When I say problems, I mean serious stuff, it was starting to explode!. It had to be shut down and then it left toxic soot and fumes all over the house.I had just moved in so I decided I'd organize and then see about the mess and besides I needed to make sure my former apartment was ready by the first so I'd get my deposit back. About week later, I happened to look online to find tips about cleaning up the mess. I happened to find out by accident browsing that I needed to have professional cleaners come over and clean it up. Which lead to me finding out it was unsafe to stay in my new rental house.MY goodness....a new rental house that has been recently inspected and is a health hazard to be in as soon as I move in?. That's not really what most people expect after being told the house was inspected and not to worry!!!!!!.To sum up problems caused by the dishonest former owners: - Property damages by the toxic soot/fumes. - Among the property damaged, my years of art-work as I had been a working artist prior to what I'll call the attack. - Loss of income as my massage gear was all contaiminated and un-safe for me to start my massage room as planned. - My life revolves around cleaning up the mess and repacking my items to be moved around for the professional cleaning so it's a waste of time for me when I could be doing other things, like say getting a new job to replace my massage income. - My pets died as a direct result of what I suspect was being poisoned. This really feels like a personal attack. - Health hazards from being exposed to toxic fumes without my knowledge until I happened to look up the risks on the internet at my parents. How was I supposed to know how bad it really was?...Really I lived with the problems from day one when I moved in so I didn't have much to compare to.Upon further inspecting the malfunctioning furnace, there was a tag on the outside that said it had not been cleaned in four years since 2007. No warning for the problems was ever given that there was a malfuctioning furnace so I am seeking a disclosure lawsuit now.I hardly know where to start as I've never done this. I only want fair compensation for what the negligence of the former home owners have caused when they could have so easily warned us and the furnace could have repaired. Quick story.
Last week of Dec, I moved into a rental house purchased by my parents.
Just as I was finished moving in the last batch of my stuff after two weeks, the furnace started having problems. When I say problems, I mean serious stuff, it was starting to explode!. It had to be shut down and then it left toxic soot and fumes all over the house.

I had just moved in so I decided I’d organize and then see about the mess and besides I needed to make sure my former apartment was ready by the first so I’d get my deposit back.
About week later, I happened to look online to find tips about cleaning up the mess. I happened to find out by accident browsing that I needed to have professional cleaners come over and clean it up. Which lead to me finding out it was unsafe to stay in my new rental house.

MY goodness….a new rental house that has been recently inspected and is a health hazard to be in as soon as I move in?. That’s not really what most people expect after being told the house was inspected and not to worry!!!!!!.

To sum up problems caused by the dishonest former owners:
- Property damages by the toxic soot/fumes.
- Among the property damaged, my years of art-work as I had been a working artist prior to what I’ll call the attack.
- Loss of income as my massage gear was all contaiminated and un-safe for me to start my massage room as planned.
- My life revolves around cleaning up the mess and repacking my items to be moved around for the professional cleaning so it’s a waste of time for me when I could be doing other things, like say getting a new job to replace my massage income.
- My pets died as a direct result of what I suspect was being poisoned. This really feels like a personal attack.
- Health hazards from being exposed to toxic fumes without my knowledge until I happened to look up the risks on the internet at my parents. How was I supposed to know how bad it really was?…Really I lived with the problems from day one when I moved in so I didn’t have much to compare to.

Upon further inspecting the malfunctioning furnace, there was a tag on the outside that said it had not been cleaned in four years since 2007.
No warning for the problems was ever given that there was a malfuctioning furnace so I am seeking a disclosure lawsuit now.

I hardly know where to start as I’ve never done this. I only want fair compensation for what the negligence of the former home owners have caused when they could have so easily warned us and the furnace could have repaired.

]]> By: Terryhttp://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-83251 Terry Wed, 26 May 2010 03:45:50 +0000 http://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-83251 Does a right of way access accross the sellers property need to be disclosed under the diclosure law? Does a right of way access accross the sellers property need to be disclosed under the diclosure law?

]]> By: John Barneyhttp://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-74782 John Barney Sat, 31 Oct 2009 02:09:46 +0000 http://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-74782 I need some advice.....I am aware of caveat emptor, however we have bought some property advertised as waterfront ...lakefront property..when we looked at the property the wk youaterfront was at the property setback and at 2800ft.After building a home ,weekend place we discovered in a few months the lake was receding quite a bit.We asked the realtor about it. He told us that it was normal evaporation of the lake,especially because of the California drought.we believed him......This lake we found out is actually a agriculture resevoir and farmers can use the water up until October each year. By june of the following year there is no lake......it totally drys up and you can actually walk across it for more than a mile to the otherside. We are furious.....what can we do about this that should have been discloed to us ????than I need some advice…..I am aware of caveat emptor, however we have bought some property advertised as waterfront …lakefront property..when we looked at the property the wk youaterfront was at the property setback and at 2800ft.After building a home ,weekend place we discovered in a few months the lake was receding quite a bit.We asked the realtor about it. He told us that it was normal evaporation of the lake,especially because of the California drought.we believed him……This lake we found out is actually a agriculture resevoir and farmers can use the water up until October each year. By june of the following year there is no lake……it totally drys up and you can actually walk across it for more than a mile to the otherside. We are furious…..what can we do about this that should have been discloed to us ????than

]]> By: Pattihttp://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-70753 Patti Tue, 15 Sep 2009 22:37:05 +0000 http://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-70753 Are disclosure laws the same when you purchase an estate home? Are disclosure laws the same when you purchase an estate home?

]]> By: Kathy Helbighttp://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-55770 Kathy Helbig Fri, 04 Apr 2008 23:11:52 +0000 http://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-55770 Thanks for some great information. Sellers need to realize the enormous consequences that can affect them when issues arise that have not been disclosed. Rather it be intentional or by omission. Thanks for some great information. Sellers need to realize the enormous consequences that can affect them when issues arise that have not been disclosed. Rather it be intentional or by omission.

]]> By: Dallas Homeshttp://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-51826 Dallas Homes Tue, 23 Oct 2007 15:12:35 +0000 http://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-51826 Great Article. I think this will espicaly help for sale by owners, who are trying to save money, however don't really understand real estate law. Great Article. I think this will espicaly help for sale by owners, who are trying to save money, however don’t really understand real estate law.

]]> By: Beachbumhttp://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-51823 Beachbum Tue, 23 Oct 2007 04:30:00 +0000 http://www.biggerpockets.com/renewsblog/2007/10/22/real-estate-sellers-be-aware-of-property-disclosure-laws/#comment-51823 Sadly, many sellers choose to try and avoid responsibility by simply indicating IDNK (I do not know). For forum readers, education is the key. YOU need to be diligent, and ask questions. Don't accept IDNK! If the seller resists, lower your offer accordingly, assuming the worst. Sadly, many sellers choose to try and avoid responsibility by simply indicating IDNK (I do not know). For forum readers, education is the key. YOU need to be diligent, and ask questions. Don’t accept IDNK! If the seller resists, lower your offer accordingly, assuming the worst.

]]>