Pamela Vasiliu
Sales Representative
pvasiliu@remax.net

RE/MAX Professionals Inc.
Brokerage
Independently owned and operated.

Date: Tuesday November the 21st, 2017 
416-236-1241

 

   

Do I have to disclose a death or murder in my house?

February 12, 2016 - Updated: February 13, 2016

I was showing a couple of properties to a client a few years back, and we came across a lovely home that sat on the market for quite some time, with a surprisingly low asking price. As it turns out, someone was murdered in the home.

After careful consideration, and more research, my clients decided they were ok with this information and decided to purchase the home.

Now my clients are prepping to sell and they have asked me. "Do we have to tell potential buyers about the murder/death?"

In Ontario, real estate agents must disclose any material fact that they are aware of under the rules of their Code of Ethics. In my opinion this includes whether a murder or suicide had occurred on the property and could also include certain neighborhood conditions. 

As long as a Buyer has entered into a contract with a Sales Representative and there is a Representation Agreement in place - there an obligation to point out anything she knows about the property that may hinder you before you decide to submit an offer. If there isn't an Agreement signed, there is no obligation to disclose. 

Buyers who are not being represented, can always Google the property address which will likely turn up articles about prior violent crimes. Before you buy, you can always tour the neighborhood, speak to people and ask questions about the home. Long and short of it is, having a signed contract with your Realtor ensures disclosure of any known defects and it's always best to be upfront. Chances are that they will find out at some point and you don't want to risk having an offer fall through just as paperwork is about to be signed.

 


Tagged with: murder realestate selling disclosures junction the triangle houses
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