Selling Stigmatized Property Disclosure

Summary

In Tamil Nadu, there is no legal obligation to disclose a past suicide in a house when selling. However, buyers might sue for misrepresentation if they feel misled. Consulting a real estate agent or lawyer can help navigate the situation and address potential buyers concerns.

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Hi.10 years ago a tenant committed suicide in our house .But there was no legal case with house . Now i am trying to sell it .will i be penalised or punished for selling the house without disclosing it to buyer .House is in tamilnadu
Hey ****! In Tamil Nadu, there is no specific law requiring you to disclose a past suicide in the house when selling it. However, it's often considered good practice to disclose such information voluntarily to maintain transparency and trust with potential buyers.
If i disclose that nobody will buy the stigmatized house
Hey ****! It's understandable to be concerned about the impact of disclosure on selling the house. While disclosure isn't legally required in Tamil Nadu, you might consider discussing the situation with a real estate agent to weigh the pros and cons. They can offer strategies to address buyers' concerns and potentially help with finding interested buyers.
Will it be a legal issue ? Can the buyer sue us for not disclosing the fact ? The neighborhood is already stopping the buyers from buying it
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In Tamil Nadu, there is no specific legal requirement to disclose a past suicide in the house when selling it. However, if a buyer feels misled, they might attempt to sue on grounds of fraud or misrepresentation. Consulting with a real estate agent or lawyer can help navigate this situation effectively and find potential buyers.