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Stigmatized Properties in Tennessee

By
Managing Real Estate Broker with Platinum Properties- (931)771-9070 TN Broker: 208698

Agents Don't Have to Disclose

When Rest in peaceyou have rental property, anything can happen. The holidays are not always a happy time for people and some get terribly depressed. It happens and we should be alert to signs of depression and reach out to see if we can help.

The call came from a family member of one of our tenants. Our tenant had broken up with his girlfriend and was in despair. He took his life with a gunshot to the head right there in our rental house. The family said they will have the house clean and ready to turn back over to us by the end of the month. 

He had been a tenant of ours in four different homes over the last 20 years. It is very sad. This is the second tenant to die in that house. From the owner's and the agent's standpoint, Tennessee law says nothing has to be disclosed unless it has physically altered the property. 

Agents are protected under the law from having to disclose. Voluntary disclosure is always allowed unless it is disclosing information about a protected class of Fair Housing.

We will disclose and it will probably take awhile for the house to rent. You never are prepared for something like this to happen. Having rental properties has risks but all we can say right now is Rest in Peace, Friend.

Posted by

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-771-9070 Office | 931-320-6730 Cell

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RealSupport, Inc.
RealSupport Inc. - Schaumburg, IL
- Virtual Real Estate Marketing

Being a landlord isn't simple, but this is a situation no one expects to have to handle! My condolences on the loss of your friend and tenant. And kudos to you for your integrity. Not everyone would disclose this kind of thing when it's optional by law. But it's far better to disclose it, than let a new tenant find out from neighbors or a Google search. Doing the right thing is always the best practice, even when it isn't the most profitable. 

Dec 18, 2017 08:11 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debbie, same story here, if it is a sale we have to disclose three years of a death... rental property nothing... it is sad indeed, but that is how it is. Endre

Dec 18, 2017 10:37 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

To some people, someone having died in a house is a very scary thing....and others may find the warmth of their spirit quite comforting.

Dec 19, 2017 03:31 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It is a sad story. I would be scared to live in a house where someone was shot 

Dec 19, 2017 03:56 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

This is a very sad situation, Debbie.  You are going above and beyond with your disclosures.

Dec 19, 2017 05:42 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Debbie -  terrible news.  Of course, there is a stigma but good to report it.   Remember the Amityville Horror. 

Dec 19, 2017 11:19 AM
Roy Kelley
Retired - Gaithersburg, MD

This is a sad situation. Your disclosure is beyond the requirements but may avoid having an upset future tenant.

Dec 19, 2017 02:35 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Debbie you read about this sort of thing happening, but I am sure most do not thing they will personally impacted by it.  Disclosing is the honest thing to do, hope it does not deter future tenants.

Dec 19, 2017 03:39 PM