On Oct 22, 9:38*am, "Ed Pawlowski" wrote:
"bob haller" wrote in message

...





well heres a little detail that could come back to bite the property
owner bad

So they do a DIY asbestos tile removal, when the home is up for sale
the law requires they disclose this and what they did,,,,,

now say you dont disclose the asbestos tile removal and anyone knows
you did it, and tells the new owner. the new owner can bring a lawsuit
and take the $$$ out of your account even years later...

they would demand a pro clean up, and environmental tests, imagine if
you happen to live in a asbestos prone area....... they could demand
the home must be cleaner than the outside

A close by neighbor failed to disclose their bad sewer line, the new
owner had a flooded basement, found out about the cover up, and *won
15 grand in sewer line replacement plus court costs....

disclosing is the best way to go

Maybe.

In the case of the sewer line, it was an on going problem that caused lots
of damage. *Pretty plain and simple to figure out.

In the case of asbestos removal, you'd have to prove it was done and when..
Perhaps it was removed before the regulations. *Just knowing it was there
and no problems occur, I doubt you'd get very far. *If you buy any house
built before 1978, you just never know. *Buy a house built in the 40's or
50's and you can be 90% sure it had asbestos tile if there is basement
tiles.

lets assume the seller fails to disclose it, the new buyer moves in
and a neigbor reports they had tile and removed it themselves.

the new owner has testing done for asbestos, it comes back positive
and the home has to get asbestos professional cleaned.

the old owner is on the fancial hook for every expense involved
including temporary housing for the family while home and all their
possesions get professional cleaned, legal fees, etc etc.. because
they failed to disclose the issue.

its better to disclose, because that way the old owner isnt liable for
clean up at a future date, although it may cost them a sale