If your neighbor builds something that's either partially or wholly on your property without an agreement, it's considered an encroachment. Many states provide a form to use for these disclosures. Realtors know that properties with a "reputation" are often hard sells. This information will almost always affect the buyers view of the sale and their ultimate offer if any. (3) If I have to ask: should or should I not disclose my answer is err on the side of caution and disclose, when in doubt disclose! If the seller does not disclose, the purchaser has a right to just compensation for remedying the defect (s). I find it an affront that anyone should so blatantly take advantage just because I am not using my property! My neighbor moved in next door 3 weeks later and attaches his fence to my fence without notification. View full document. After we moved in and took down some drywall we found big cracks in the basement foundation. Unfortunately, theres not much I can recommend if the city wasnt willing to assist. Defects or malfunctions in the home's foundation, slab, fireplace, chimney, floors, windows, doors, ceilings, walls, garage, patio, deck, electrical system, plumbing system, heating and cooling system, sewage disposal system, TV cable wiring, ceiling fans, exhaust fans, irrigation system, garage door opener, pools, spa, etc., must be disclosed by a broker. However, if you ever want to sell your home, it may affect the property value. Homeowners association assessments and covenants. There are so many internet portals, news media platforms that seem to have credibility, but they manage to provide bad information without any [], O Clear View Dr., Beverly Hills, CA 90210 an investors & developers dream parcel. Please be sure to consult a legal or financial professional before making any investment decisions. TermsPrivacyDisclaimerCookiesDo Not Sell My Information, Begin typing to search, use arrow keys to navigate, use enter to select, Please enter a legal issue and/or a location, Begin typing to search, use arrow 16 people have successfully posted their cases, 5 people have successfully posted their cases, 10 people have successfully posted their cases, 6 people have successfully posted their cases, 20 people have successfully posted their cases, 7 people have successfully posted their cases, 9 people have successfully posted their cases, Can't find your category?
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