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Updated over 15 years ago,
Lets talk MOLD disclosure.
With the recent rain amount coming down in the south east, mid west and the east coast, Mold may be inevitable. It has been discussed in the past as to how to deal with mold, but I wonder about disclosure.
I bought a SFR back in February that had substantial amount of mold in the basement due to water sipping through the foundation. I hired a contractor who replaced all infected sheetrock walls, cleared the mold and painted the whole area. I also hired Dwyer company to get rid of the moisture, seal-paint the walls that are in direct contact with the ground and install a sump pump.
Here is the question.
Do I need to disclose to the new renter (Section 8) that in the past, mold was present in the basement?
What measures do I need to take to reduce any potential future low suit?
Thanks,