Condo for sale in scarborough town centre . The sale of a house must disclose that something bad has happened to the house? In the sale of a house, “bad thing” refers to an intangible quality of the house, which may make potential buyers feel uneasy. These “bad things” may occur in or near the house, although it does not affect the appearance or function of the house, but it may affect someone’s feeling about the house.
A “bad thing” is actually a subjective feeling that one potential buyer may not care about something that one potential buyer taboos. The “bad things” that have happened to housing in the past include the following examples:
There has been a major crime in the house.
The first-hand owner of the house is a man with a bad reputation.
There was a suspicious death in the house.
The house is said to be haunted, or.
The house, which had been used to grow marijuana, was repaired at the request of the local health or construction department.
Ontario does not have laws or precedents that require home sellers or their agents to disclose matters that may be considered “bad”. In accordance with the legal principle of “buyer’s responsibility”, it is the responsibility of buyers in Ontario to ensure that the house meets their needs.
As mentioned above, the so-called “bad things” are actually very subjective. What one person thinks is totally unacceptable, another person may not care about it. Therefore, the question you should consider is what you think of the “bad things” that have happened in the house. Discuss this with your real estate broker and real estate lawyer and make sure they do all the necessary consultation to avoid buying a house that makes you feel uneasy.
The Ontario Real Estate Council (Real Estate Council of Ontario) recommends that both real estate professionals and buyers dutifully investigate whether “bad things” have happened to the house that could affect the purchase decision. The methods of investigation include directly asking the seller or the seller’s representative, conducting an online search, and talking to nearby residents.
In some cases, the housing broker may specify the buyer’s concerns (including “bad things”) on the bid contract (offer) and require the seller to guarantee them. For example, the buyer may submit a bid contract that includes a guarantee from the seller, indicating that to the best of the seller’s knowledge, there is no incident related to “bad things” in the house.
Your real estate brokers and real estate lawyers can provide you with relevant professional guidance. The most important thing is to take the initiative to ensure that you get the right information so that you can make a wise decision. May you find your ideal house soon.
