When Home Sellers Must Disclose Meth on a Property
If you’ve ever bought or sold a home, you know about the disclosure process. Disclosures are meant to protect parties to the transaction if there is something wrong with the property. Methamphetamine is included on the disclosure list, but when must you disclose meth on a property.
Robinson & Henry Real Estate Attorney Kayla Banzali discusses when you must disclose meth on a property.
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When to Disclose Meth on a Property
Our Real Estate Team is often asked whether sellers have to disclose meth on a property if they know it had been there in the past. The answer is yes and no.
Let’s start with the yes portion. If the seller knows there has been meth on the property that has not been remediated, even the smallest amount of meth, then, yes, they must disclose that in the real estate transaction.
The State of Colorado labels a house a meth lab if there are 0.05 grams in a 3-and-half-inch section in a home.
Now, to the no portion of reporting. If the seller or previous owner has since cleaned up the meth problem and they used a certified meth cleanup business, then, no, the seller does not have to disclose meth on a property.
When meth is remediated from a property, the state no longer considers it a meth lab.
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Robinson & Henry’s Real Estate Team is well-versed in the state’s real estate laws, whether it’s buying and selling, property owner disputes, zoning issues, HOA problems, and more.
Call 303-688-0944 to schedule some time to speak with a real estate attorney about your particular need. You can also click here to schedule the appointment online.