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Sunday, July 27, 2014

Dream Home Nightmare

Thinking about buying that dream home in Pennsylvania? Wondering why your potential neighbors look at you funny? You could be buying a home with a dirty little secret...murder! That's right, the High Court ruled last week that there is no duty to disclose that type of information to potential buyers.

This decision really hinges on what is considered a material defect. The court ruled that history of the property is not a material defect even if it causes a "psychological impact."

Do you think sellers should have a duty to disclose? Comment below!

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If you would like more information about this topic or have general legal questions, please feel free to contact me at (973)949-3770 or via email at plamont@peterlamontesq.com We answer legal questions on a daily basis and would be happy to discuss any issues or questions that you have with you.  Offices in: New Jersey New York, Colorado & Puerto Rico.  Affiliated throughout the country.

© 2014, Law Offices of Peter J. Lamont. This Update is provided for informational purposes only. It is not intended as legal advice nor does it create an attorney/client relationship between the firm and any readers or recipients. Readers should consult counsel of their own choosing to discuss how these matters relate to their individual circumstances. This Update may be considered attorney advertising in some states. Furthermore, prior results do not guarantee a similar outcome.
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