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Hauntings, Deaths, & Meth Labs: Real Estate Disclosures in Maine

Ok, I’ll admit that is probably not the most positive title in the world, but it does sum up some of the areas of real estate property disclosure law that seem to cause the most confusion.
This is part 2 of a three part series inspired by an article I read about an Oregon family who unknowingly purchased a foreclosure property that had previously been used as a meth lab.  Could this happen in Maine?  Would you as the buyer have any recourse?

Yes.  And yes.
Anything CAN happen, however we do have rules and regulations in Maine designed to protect home buyers...and sellers for that matter, from unwanted and unnecessary problems and the lawsuits they tend to spawn.
 

Whether you sell your home with a real estate agent or not, there are 6 things you must disclose to buyers when selling your home in Maine (part 1 of the series.)  When real estate agents are involved in the transaction, there are more rules and protections in place.  Buyer agents in Maine have more responsibility for disclosures to their clients than listing agents.  Many buyers and sellers may not fully understand the ins and outs of what Maine real estate agents can, ... more

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