Consumer Guide to Material Latent Defects
Posted on Oct 04, 2022
This FAQ outlines the differences between material latent defects and patent defects. It also explains when a defect must be disclosed to a buyer and the obligation of an agent to disclose a defect that is known to them.
When it comes to buying, selling, or renting a home, potential defects that are discovered can derail a transaction. There are two...