ARE THERE GHOSTS IN THIS HOME?

Posted by V.K. [Mel] Melhado P.A. on Monday, July 28th, 2008 at 3:39pm.

Sometimes we have a customers ask you about whether we have to disclose material facts about a property? What happens if someone has died violently and we know about it, must that be disclosed?

There is a Florida Statute Title XL Real Personal Property Chapter 689 Conveyances of Land and Declarations of Trust that addresses this very issue and others. It is quite specific in 689.25 about property that was inhabited by an HIV infected person, but with regard to other issues there seems to be a lot of grey areas.

Since the statute doesn’t seem to be too difinitive with respect to murder, suicide or the like, probably the best policy is to Disclose…Disclose…Disclose. After all we sure would want to know of any strange happenings in the property that we were considering purchasing!

 

V.K. [Mel] Melhado PA

Downing-Frye Realty, Inc.


Be the first to comment on this blog entry!


Leave a Comment

Market Report, Free!

GO

Blog Navigation

Blogroll

Archives

Recent Blog Posts

March 14th, 2010 7:47pmSALES CONTINUE THEIR UPWARD TREND
NABOR just released their monthly report and statistics the other day and the upward sales trend is continuing. Closed sales are a solid 50% higher than the s...Read More
February 24th, 2010 1:14pmWHAT HAPPENS IF MY ARM IS ADJUSTING?
Will Dukes, from Summit Mortgage an affiliate of Downing-Frye Realty, Inc., just put out an interesting article dealing with the ARMs (Adjustib...Read More