I am in the process of selling my home and because of a builder's mistake of placing a Sto/Drivate system to below ground level, I may have allergyn molds growing in my basement. A repair to the stucco system & a dehumidifier to the basement is the fix. Do I have to use the M(old) word in our disclosure? The mold specialist we hired said it is NOT toxic mold and on a scale of 1 to 10 it is maybe a 2.
2007-06-26 07:12:27 · 3 answers · asked by jessie 1 in Business & Finance ➔ Renting & Real Estate
Basically, any material fact that you have knowledge of must be disclosed. Mold is a material fact.
Present the remediation as a benefit since it may help prevent mold in the future.
2007-06-26 07:20:41 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Disclose it, and also disclose what you have done about it. Include the mold specialists report.
2007-06-26 09:13:17 · answer #2 · answered by godged 7 · 0⤊ 0⤋
bostonian is right. when in doubt, disclose... especially mold.
2007-06-26 07:22:17 · answer #3 · answered by Anonymous · 0⤊ 0⤋