Real estate agents sometimes fail to disclose pending specials, frustrating home buyers
Kansas law requires that sellers disclose impending liabilities like special tax assessments to buyers before a sale. Across the region, most real estate agents use a standardized seller’s disclosure form created by the Kansas City Regional Association of Realtors when marketing existing homes. In addition to asking about home repairs and damage, the form includes questions about bonds, assessments and special taxes. In addition to those disclosures, most title companies would find the tax liability upon researching a home for potential buyers, said Max Gordon, an Overland Park real estate attorney. “If a title company missed that, that’s another issue. But [...]