What if the seller of the home died from COVID-19, does that get treated differently? And Why?

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You are the listing agent for a beautiful $1.5 million mansion in Orlando. It is fully updated and has a gorgeous pool. It is priced correctly based on the other homes in the neighborhood. However, it has been sitting on the market for 10 months because all of the buyers in the local area know that it was the scene of a gruesome murder/suicide that took place last year. There are no signs that anything ever happened in the house, everything was cleaned or replaced. You have a cash buyer from New York that calls you and says that they want to see the house and make an offer.

1. Are you legally obligated to disclose the murder/suicide? If so, when do you tell them? If not, why not?

2. What is material value?

3. What if the seller of the home died from COVID-19, does that get treated differently? And Why?You are the listing agent for a beautiful $1.5 million mansion in Orlando. It is fully updated and has a gorgeous pool. It is priced correctly based on the other homes in the neighborhood. However, it has been sitting on the market for 10 months because all of the buyers in the local area know that it was the scene of a gruesome murder/suicide that took place last year. There are no signs that anything ever happened in the house, everything was cleaned or replaced. You have a cash buyer from New York that calls you and says that they want to see the house and make an offer.

1. Are you legally obligated to disclose the murder/suicide? If so, when do you tell them? If not, why not?

2. What is material value?

3. What if the seller of the home died from COVID-19, does that get treated differently? And Why?

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