Do you have questions about what realtors have to disclose? It depends on the province.
In Ontario specifically, realtors are required by ethical obligation to let you know if a stigma happened in the home, such as a murder.
However, the record reported, "The seller has no legal requirement to disclose a stigma such as murder and the onus is on the buyer and their realtor to find out."
The bottom line is that honesty and transparency are important to us! Always ask your realtor if you have any questions or concerns.
While there are rules requiring disclosure of issues concerning a property such as a defect like a hole in a roof or mould, for non-physical problems such as violent crime, the law largely says "caveat emptor" or buyer beware, said Alan Silverstein, an Ontario-based real estate lawyer.Agents should
Do you have questions about what realtors have to disclose? It depends on the province.
In Ontario specifically, realtors are required by ethical obligation to let you know if a stigma happened in the home, such as a murder.
However, the record reported, "The seller has no legal requirement to disclose a stigma such as murder and the onus is on the buyer and their realtor to find out."
The bottom line is that honesty and transparency are important to us! Always ask your realtor if you have any questions or concerns.