Stigmatized property

From Wikipedia, the free encyclopedia

Stigmatized property is a term used in the real estate business which describes possible detrimental features of a property or home, all the result of unfortunate occurences. These can include murder, suicide and AIDS, in addition to a belief that a house may be haunted.

Even though a particular buyer may not care about any stigma attached to the property, the stigma may make it very difficult to resell in the future. Therefore, while a buyer may or may not believe in supernatural phenomena, he/she may want to know about a property's bloody past. However, depending on the jurisdiction of the house, the seller may not be required to disclose the full facts.

[edit] See also

• Caveat emptor
• Stambovsky v. Ackley

[edit] External links

• What Is Stigmatized Property?
• Stigma Busters: A Primer on Selling Haunted Houses and Other Stigmatized Property
• Real Haunted Houses: A comprehensive listing of haunted houses in the United States and around the world.
• Celebrity Stigmatized Homes: Even celebrities lose when a home is stigmatized.
• Agents in court over horror house