first_imgThis home at Jillinda Pl, The Gap was the site of an alleged murder. Photo: home is also the site of an alleged murder in October 2016 — a matter not disclosed in the online listing details.The marketing agents were contacted for comment, but declined to be interviewed. Stigmatised properties can leave potential buyers feeling cold, but are agents required to reveal a property’s dark past? Photo: Brian Cassey.You’ve found it, your dream home. Beautiful big bedrooms, views that go on forever and the price seems more than reasonable. The agent is also very keen to get you signed up, and there are surprisingly few locals competing to buy it.Now your ‘sixth sense’ is tingling and it’s because of something you’re unlikely to find on the sales brochure — a death in the home — and there’s no definitive requirement that the agent must disclose this.Antonia Mercorella, CEO of the Real Estate Institute of Queensland (REIQ), said the rules around stigmatised property, such as where someone has been murdered or committed suicide, are too muddy in Queensland.“There’s no checklist that tells agents what they must disclose, but as a general rule if something is likely to influence someone’s decision to buy a property — a ‘material fact’ — then it must be disclosed,” Ms Mercorella said.“The law does not specify what makes a material fact, but describes it as any fact that ‘may have a bearing on a reasonable person’s decision to proceed with a property transaction.’”According to the REIQ, common causes of stigma for properties include death, crime, unsavoury neighbours (such as sex offenders) and even the rumoured presence of ghosts.While property searches will reveal whether a home is subject to flooding or town planning restrictions, there’s no definitive public record that will confirm a home’s unsavoury past.“While having no physical impact on the property, stigmas can affect the way some people feel about the property psychologically. However, this is a very subjective issue and can be different from one person to the next. What one person finds a deal-breaker may not worry another person,” said Ms Mercorella.“For example, what if the previous owner died a peaceful death in their sleep after 40 happy years in the property? That is unlikely to influence many people’s buying decision. But for some cultures, if someone has died in the property, regardless of how the death occurred, it may be considered bad luck to live in that property. So, to them, it is a stigmatised property.”Ms Mercorella said changes to legislation would be welcome by her organisation.More from newsMould, age, not enough to stop 17 bidders fighting for this home4 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor4 hours ago“This is an area the REIQ feels that the Government should do more on and the REIQ is advocating for a specific disclosure regime,” she said.“It’s a difficult position for agents, vendors and buyers alike to navigate. More detail and greater specificity would help everyone.”Until such time, buyers must rely on their own research — which could include Googling news reports or asking neighbours about what has happened in a home.“In all instances, the REIQ strongly recommends that every buyer does their own research before buying a property. In real estate, the principle of caveat emptor (buyer beware) generally applies, which is why buyers do their own building and pest inspections, flood investigations, conveyancing checks and other due diligence.“Nothing is better than being well educated and well researched when you are looking at real estate to buy.”An example is a property in Jillinda Pl, The Gap — a two-storey, four bedroom home with pool and gardens in a quiet street currently seeking offers over $800,000. Follow Kieran Clair on Twitter at @kieranclair last_img read more

first_imgAll five Power Five conferences have canceled their basketball tournaments, putting the NCAA Tournament in doubt.The Big Ten, Big 12, SEC, ACC and Pac-12 conferences were all preparing to play games in large arenas across the country, but with few people in the buildings.The NCAA had announced Wednesday that it planned to play its men’s and women’s tournament games that start next week with restricted access for the general public. The NCAA said only essential staff and limited family members would be allowed to attend the games.The men’s NCAA Tournament is one of the most popular events on the American sports calendar. March Madness draws hundreds of thousands of fans to arenas from coast to coast.last_img read more

first_imgThe Chinese construction company, CNQC, is expected to turnover for dedication today the Chinese Ebola Treatment Unit, ETU, being constructed at the SKD Sports Complex in Paynesville.A local senior staff of the Chinese construction company, Amadou Kamara, speaking to reporters Monday, said the ETU is equipped with highly functional and complete supporting facilities.He said the 100-bed facility is expected to be manned by at least, 160-specialized medical personnel from China, in collaboration with their Liberian counterparts.                                             According to him, it will be very exciting that the ETU constructed by the Chinese Government has been completed to join into the fight against the deadly Ebola virus under the joint effort of the Chinese Peacekeeping Engineers and CNQC.At the same time, Mr. Kamara has expressed satisfaction over the level of cordiality among local staff and their Chinese counterparts.He said despite the slow pace in the country’s economy due to the widespread Ebola, CNQC has never relented to pay them their regular salaries.CNQC, a major Chinese Construction Company in the country, has undertaken several major construction projects including the Ministry of Health, Grand Royal Hotel, among others.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more