12-21-2008, 05:25 AM
Fishboy, I think you should relax. This is a common statement that has been around for years.
Some agents use it automatically. Other times you see it in the cases oink described where for some reason there isn't much information on the condition of the property,
Also remember that with rentals, the seller hasn't been living there and doesn't always know what things may need attention.
How could disclosure provide all you need to know? Even the homeowner who is diligent may have no idea the roof is ready to start leaking ... that's what inspectors are for.
Then there's the big issue of whether everything is properly permitted and the uses are legal, or they are suggesting you can build something. It is up to you and your agent to talk to Planning and Building to verify, especially with an older property where there's anything nonconforming that they think is grandfathered.
John, is it still true that disclosure isn't required for vacant land?
Some agents use it automatically. Other times you see it in the cases oink described where for some reason there isn't much information on the condition of the property,
Also remember that with rentals, the seller hasn't been living there and doesn't always know what things may need attention.
How could disclosure provide all you need to know? Even the homeowner who is diligent may have no idea the roof is ready to start leaking ... that's what inspectors are for.
Then there's the big issue of whether everything is properly permitted and the uses are legal, or they are suggesting you can build something. It is up to you and your agent to talk to Planning and Building to verify, especially with an older property where there's anything nonconforming that they think is grandfathered.
John, is it still true that disclosure isn't required for vacant land?