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 2 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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