When a bank sells a foreclosed home...absolutely no disclosure.
When the invesor repairs the home and sells...absolutely no disclosure.
When the heirs sell a home...absolutely no disclosure.
The list goes on and on.
Hundreds of thousands of homes are sold each year with NO DISCLOSURE. Every home owner should have exactly the same option that banks and investors have.. Any attempt at a disclosure places the homeowner in a position to prove what the don't know.
Give that some thought.
It is an impossible, extremely flawed idea creating a bad situation. Anybody can take neighborhood gossip and compel a homeowner to prove they did not know of the gossip. It certainly a play ground for attorneys and those who failed to execute proper due diligence.
Call an attorny of google 'onlinelaw"
I agree with Lorrie, you need to consult a real estate lawyer.