Polybutylene Pipe – Buying or Selling a Home
Property Values, Ownership, and Buyer Notification
When a home containing poly piping is placed on the market, buyers will often discount the price (due to the material defect) – even if the poly has not yet shown any leaks – because it is known that poly piping will leak eventually. If a seller is aware, it is wise to replace any poly piping before putting a house on the market.
There are currently no laws specifically regarding the disclosure of poly piping on a property, but some property brokers have been sued for not disclosing the presence of polybutylene piping in buildings they sell. Real Estate brokers selling homes containing poly piping should be prepared to be held liable if buyers have a non-disclosure complaint. At the very least, both sellers buyers should be provided with some sort of information regarding poly piping and its dangers, and sellers should be given the opportunity to replace their piping before putting their home on the market.
