Is Buying a Meth House Ever a Good Idea?
By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
As a landlord or Property Manager, dealing with a meth lab can be a daunting and very expensive task but did you know that even after the clean up you may still be required to disclose the fact that meth was previously cooked at your property? In fact, a little over half of the states in America require disclosure and each state has there own unique twists regarding the disclosure making it very important to be familiar with your state's laws. Homeowners and Real Estate Agents in twenty seven states are required to disclose meth contamination in a home for sale. The level of disclosure varies by state; some states require written notices, some require no disclosure if the site has had all of the chemicals and hazardous toxins professionally and adequately cleaned and treated, while othe...
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