I was confused and then he disclosed he had to go to court 12 years ago and was found not guilty, however had to register as a sex offender.

This means that in some transactions, sellers pay nothing to the buyer’s agent fee at all, putting the financial burden fully on the buyer instead (this is only true if Broker discloses to Buyer the amount Buyer must pay, in writing and prior to Buyer entering into a contract with the seller.)  

You don't want to use a comp that had foundation problems only disclosed in the Private Remarks.

If you don’t plan to hold the property for a very long it’s not worth the hassle. it will make your resell harder because you will have to disclose that you did foundation repairs to the property on the sellers disclosure. hope this helps best of luck!

The city says I can because the seller was supposed to disclose it.  

@Corina EufingerPlease send an email to [email protected] so we can disclose your account information.

Regardless, it wasnt disclosed to me upon purchase/during escrow - must not be recorded. 

The sales contract matters because many sales contracts state that the seller is required to disclose to you any notices affecting the property that might include a special assessment, municipal fine, or in this case money owed to the HOA.

They consider it fraud and will take action against those who dare to rattle their cage.That being said, IF they approve the tenant and rent you are asking, and the total rent falls within their guidelines and tenant income qualifications, disclosed on the lease you are good to go.BTW, in year #2 of the lease, you can ask for a rent increase, and don't be shy about a raise--at that point, all they can say is "no".

Furthermore, you're a leasing brokerage, which you should have disclosed before touching our data.