Do I have to disclose an unadopted small city plan for traffic patterns when selling my home?
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Do I have to disclose an unadopted small city plan for traffic patterns when selling my home?
My city had a small city study completed. Recommended but not yet adopted is the
possibility of a round about on or near my property. Am I required to disclose to
potential buyers of my home?
Asked on March 7, 2018 under Real Estate Law, Kentucky
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
You do not have to volunteer the information: you only need to volunteer information about your property. However, you cannot lie: IF you are asked about whether you are aware of any proposed traffic, etc. changes, you'd have to answer truthfully to avoid committing fraud.
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