I own a 3rd floor condo where we have a side porch that has a great view because the building next to us is only one story. This building is being torn down in the next few months and an 8 story apartment building is going in. We are listing the condo this week. Do we need to disclose this?

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Posting as :
works at
You are currently posting as works at

Whether or not you need to us probably debatable. But I think you should to keep your conscience clean

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Up to them to research the area.

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I’m team Up to the Buyer here.

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definitely if they ask

Nope not necessary that falls under their due diligence

It doesn’t matter though. It doesn’t matter that you know. There is no obligation to give them a neighborhood update or anything. Every restaurant in the area thats closing you are going to disclose too?

Did the construction company get permits?

If so, mention it. If not, then you have no idea what may end up there after community meetings, permitting issues, loans falling through, etc.

You can share the one-story building was sold, but you don’t know what’s going in.

Totally up to the buyer to investigate the area.

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