Inman News which covers the real estate industry recently reported the story of home buyers in California who are suing their sellers for not disclosing known noise issues. California has stricter real estate disclosure laws than here in Illinois. In California home sellers are required to disclose “known neighborhood nuisances, noise issues (including parties), and notifications of government officials for problems”.
According to the buyers, a group of 6 renters across the street throw wild parties 3 to 4 times a week. Some parties start in the early morning hours.
The buyers discovered that not only did the sellers fail to disclose knowledge of the noise problem; they had written numerous letters to the landlord and tenants and had called the police on several occasions.
Illinois real estate disclosure laws may not be as strict, but home sellers should take them just as seriously or risk getting sued.
ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
Fran Bailey, Realtor
