Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Property owner will not disclose
I am currently living in Portland, OR. And I am in putting offers in On multi family properties in Louisiana. So I have been negotiating on a duplex for 50k and I finally agree to pay 50k and so I ask them about the disclosure for the property. And they send me a disclosure exemption legal document. And what it says is that the owner inherited the property from a family member so he DOES NOT have to give a disclosure. So I am super new to all this and my question is basically should I run the other way? Is this legal? Ummmmm is there another way to make them give me the disclosure? Thanks again BP!!!