Real Estate

Seller’s Grief: An Emerging Category of Risk in Real Estate

Seller’s Grief: An Emerging Category of Risk in Real Estate

This article will emphasize an idea that has far too long escaped real estate buyers and their legal representatives. It explores what is at stake when the emotional experience that the seller has been through, leading to them disposing of the property, informs the seller's attitude to the transaction, thereby positioning it as a specific category of risk. In real estate, this emotional undercurrent can be understood through a concept we might call seller's grief. Grief is frequently linked to the sorrow we feel when we lose someone with whom we had a deep connection, but it extends beyond that.…
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