What must a real estate agent do if they suspect a property is haunted or has a reputation for paranormal activity?

When a real estate agent suspects that a property is haunted or has a reputation for paranormal activity, disclosing such information is crucial because it may be considered a material fact that could influence a buyer's decision. Material facts are aspects of a property that are significant enough to impact its value or desirability.

In many jurisdictions, the obligation to disclose material facts is rooted in the principle of transparency and fairness in the real estate market. Buyers have the right to know about anything that might affect their enjoyment or use of the property. While supernatural occurrences may not be tangible or easily provable, the reputation of a property as haunted can certainly affect its marketability and the buyer's perception of it.

The agent’s duty to disclose thus serves to protect both the buyer's interests and the integrity of the real estate transaction. This approach aligns with the ethical expectations of real estate professionals to maintain honesty and transparency in their dealings.