Unformatted text preview: Issue: In the sale of a house, must the seller disclose it was the site of a multiple murder? Decision: Yes. The trial court’s decision was reversed. Reasons: The seller of property has a duty to disclose facts that materially affect the value or desirability of the property which are known only by him, and also know that if these facts aren’t within the grasp of the buyer, the seller must disclose these facts to the buyer. The murders have a material effect on the market value of the house, thus it was the sellers duty to inform the buyer of said murders....
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This note was uploaded on 09/17/2011 for the course BLAW 300 taught by Professor King during the Spring '11 term at University of Phoenix.
- Spring '11