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Agency Relationships DisclosuresStigmatized_property_nyMEDIUM

A real estate agent in New York is showing a property where a murder occurred three years ago. The buyer asks directly if anyone has ever died in the house. Under New York law, how should the agent respond?

Correct Answer

C) The agent should refer the buyer to public records or police reports for this information

Under New York Real Property Law Article 12-A, agents are not required to disclose that a property was the site of a homicide, suicide, or other death. However, when directly asked, the best practice is to direct the buyer to public sources like police records, court records, or newspaper archives where this information may be available.

Answer Options
A
The agent must disclose the murder since the buyer asked directly
B
The agent cannot disclose this information as it would constitute illegal discrimination
C
The agent should refer the buyer to public records or police reports for this information
D
The agent must remain silent as stigmatized properties cannot be disclosed under any circumstances

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Related Topics & Key Terms

Key Terms:

stigmatized_propertydisclosurehomicidepublic_records

Related Concepts

The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.

An agency relationship created when a principal's actions or words lead a third party to reasonably believe that an agent has authority, and the principal fails to correct this belief.

An agency relationship created when a principal approves or accepts an agent's previously unauthorized actions, effectively granting authority after the fact.

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