When in Doubt, Shout it Out: Disclosure of Defects in Residential Resales
How many times have you looked around your home and thought, “Wow, that stain on the ceiling is huge. I need to fix that water leak.”How about, “I’m so glad those termites haven’t come back.” Or, have you moved that potted plant to cover the water stain that seeped up through the hardwood floor?
While these are things we’ve probably all done or thought at one point or another, these instances can have big effects if not properly disclosed during the sale of your home.
Even something as minuscule as a bump in the floor can signify a larger structural issue and cause you a massive headache months or years after the sale of your property. Sometimes there can be confusion about which defects warrant disclosure.