Quote:
Originally Posted by pablo cruze
there are too many existing violations that they know about. they would rather hide behind "I didn't know" rather than have to disclose to potential buyers. Village agents aren't fiduciary - of course their best interest is high commission.
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While I agree that it is not at all wise to assume any real estate agent puts their personal goals and needs above those of any client, disclosure of "things" an agent knows about a property is simply not going to happen. Just like "we the people" found out we had to have laws require the disclosure of some things (past sink holes, asbestos, and so on), there should be NO controversy over requiring disclosure of deed restriction violations in communities that have them. I can think of few things as "unfair" as innocently purchasing a property, only to be faced with a major expense for something that has existed for 15, 20 years and through 3 or 4 owners. Our present culture is obsessed with equality and fairness, this issue needs some attention again, meaning nation wide.