Mold Obligation

[Gabriel Ehrlich]

This question may be better suited for an attorney but I figured this would be a great place to start.

One of the properties I am considering purchasing has a sign posted on the window from HUD that states " EVIDENCE OF MOLD PRESENT." The home is REO. It appears the mold issue probably was in the basement at some point because I see the carpet was pulled up and there is new drywall up. To me it actually looks like they partially/fully remediated the mold.

My question is: As an investor, what is my obligation to notify potential buyers that there is mold present in a home that I will be completely renovating?

Thanks!

[Gino Barbaro]

@Gabriel Ehrlich

I would always seek the counsel of an attorney. DOn't ask a real estate broker, go to the law man.