Question: We live next door to the home of one of the “Gilbert Goons,” a group of teenage boys who terrorized the Gilbert community until a 16-year-old boy was killed. Sometimes, cars even slow down and point at this house. Fortunately, our children are grown, and we had been planning on downsizing in the next few years. We have decided, however, to sell our home now. Our realtor says we don’t have to disclose anything about our next-door neighbor to a buyer. Is she right?
Answer: The legal principle is that the seller and the realtor generally have to disclose to the buyer any material and adverse fact (i.e., a fact that a reasonable buyer would want to know). The corollary to this legal principle is that if it is not a material and adverse fact, why not disclose it to the buyer?
In any event, other factors, such as time, can or cannot require disclosure. If your buyers are “empty nesters,” like you, disclosure may not be required even now. If the buyers are a family, especially with teenage boys or girls, disclosure is probably required. In five or ten years, however, disclosure to any buyer will probably not be required.

source: https://www.azcentral.com/story/mon...-gilbert-goon-real-estate-column/82498347007/
archive: https://archive.md/wip/qaiEy
Answer: The legal principle is that the seller and the realtor generally have to disclose to the buyer any material and adverse fact (i.e., a fact that a reasonable buyer would want to know). The corollary to this legal principle is that if it is not a material and adverse fact, why not disclose it to the buyer?
In any event, other factors, such as time, can or cannot require disclosure. If your buyers are “empty nesters,” like you, disclosure may not be required even now. If the buyers are a family, especially with teenage boys or girls, disclosure is probably required. In five or ten years, however, disclosure to any buyer will probably not be required.

source: https://www.azcentral.com/story/mon...-gilbert-goon-real-estate-column/82498347007/
archive: https://archive.md/wip/qaiEy