If you’ve put your property on the market, it’s important to make your buyers aware of any problems you may have had with your neighbours, whether in the past or present. The rules on what you should or shouldn’t declare to a prospective buyer are slightly cloudy. However, there have actually been cases where new owners have sued previous owners for not mentioning the difficult neighbours. With that said, it’s worth being clued up on the topic.
Buyers and their solicitors are always advised to raise enquiries and learn as much about the property as possible. However, some things aren’t always evident upon inspection, such as a neighbour dispute. If you’re selling your home, the buyer’s solicitor will send a Property Inspection Form to your solicitor. This form will include a variety of questions, including possible disputes and other complaints. You must fill it out accurately.
What is a Dispute?
Of course, what constitutes as a dispute is up for discussion. For example, you may be frustrated about your neighbour’s dog barking loudly, but if the buyers also have dogs they may not mind. Generally speaking, a dispute means that you have had to contact your neighbour in writing. You might have even had to complain about them to the council. These complaints could be regarding the land or perhaps your neighbour is renowned for throwing noisy parties. Any false information you provide or any omitted information may result in legal action.
If there’s any possibility that you can resolve a dispute with your neighbour before you decide to put your property on the market, then we would advise that you do so. If you have any queries, please feel free to get in touch.
Categorised in: News
This post was written by Innermedia Ltd