Quote:
Originally Posted by onetwo_threefour
Hey troutman, do you really advise Realtors that they must disclose those? My view is that it only needs to be dicsosed if it creates some sort of health risk or is otherwise classifiable as a latent defect. I generally tell Realtors that they shouldn't lie if asked about it, but they are not under an obligation to disclose it otherwise....
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I think realtors are obliged to do this by their code of professional conduct.
http://www.reca.ca/
I don't know if the vendors would have a problem if they failed to disclose something like this - could be viewed as a substantial misrepresentation.
Stigmatized Properties:
http://www.reca.ca/consumer_informat...properties.htm