Post details: Ghosts And Real Estate

08/30/08

Permalink 08:26:28 am, by Email , 248 words   English (CA)
Categories: Ghosts & Hauntings

Ghosts And Real Estate

Ghosts and real estate are something that tend not to go too good together, and this is being taken into account by the state of Arkansas legislators as new laws are coming out that will make full disclosure of real estate agents ghostly experiences a must.

Here is a snippet from the news item:

"Tim Grooms, a real estate lawyer for the Arkansas Realtors Association, said a “ghost-buster bill” prevents buyers from suing sellers and their agents on the grounds of paranormal activity.

The 2003 law, Arkansas Code 17-10-101, protects real estate agents for failing to disclose “any fact or circumstance or suspicion of the existence of any fact or circumstance that indicates that the real property is psychologically impacted.” The law defines a “psychologically impacted” property as one that “was at any time suspected to have been the site of a homicide, suicide or felony.” Jeb Joyce, a lawyer with the Quattlebaum, Grooms, Tull & Burrow law firm, said “psychological impact” covers hauntings.

Ethan Nobles, a spokesman for the Arkansas State Realtors Association, said such a disclosure might seem extreme, but a real estate agent has a responsibility to the buyer."

Full News Item Here

Would you buy a reportedly haunted house?

If a home had very well documented occurrences of paranormal activity from credible source and I could afford to buy it as a working lab absolutely. Would I buy one to live in heck, NO! That would be way too much stress on my family.

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