01-22-2018, 03:50 AM
people got scammed by it somehow being hidden from them what the zoning was or what "agricultural zoning" entailed
Full disclosure is only mandatory for a "residential" sale. People planning to build are buying vacant land, and their due diligence may only extend as far as "can I build a house, is there grid power available".
While I agree that "buyer must perform own due diligence", this is obviously not happening 100% of the time, which is why I keep suggesting stronger mandatory disclosure.
Full disclosure is only mandatory for a "residential" sale. People planning to build are buying vacant land, and their due diligence may only extend as far as "can I build a house, is there grid power available".
While I agree that "buyer must perform own due diligence", this is obviously not happening 100% of the time, which is why I keep suggesting stronger mandatory disclosure.