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Florida law requires sellers to disclose any issues they know about that materially affect the value of a home or property. This requirement applies even if the buyer does not ask whether the seller knows about defects.
Agency Disclosure ( 520-1-. 06(4)(b)) No standardized form. Georgia law demands that licensees describe to both buyers and sellers the relationship established upon accepting representation by an agent.
Yes, you can sue the seller for not disclosing defects if your attorney can prove that the seller knew about the defect and intentionally failed to disclose it. Unfortunately, many sellers know about defects.
Colorado is one state that requires sellers to tell the prospective buyer about certain conditions. If the seller does not disclose these conditions, or fails to comply with seller disclosure law, the seller may be held liable for the costs and fees associated with the nondisclosure.
Florida law requires sellers to disclose any issues they know about that materially affect the value of a home or property. This requirement applies even if the buyer does not ask whether the seller knows about defects.
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Georgia, like most other states, has disclosure obligations that require the sellers of commercial and residential real estate to reveal to potential buyers certain defects that exist. The state enacts these requirements in order to ensure buyers can make as informed purchase decisions as possible.
While a sellers property disclosure form is not required under Florida law, Florida law does require sellers and their realtors to disclose any docHub property defects that may not be easily visible to the buyer. Buyers still have the responsibility to have the property inspected.
Notice to Seller: Florida law1 requires a Seller of a home to disclose to the Buyer all known facts that materially affect the value of the property being sold and that are not readily observable or known by the Buyer. This disclosure form is designed to help you comply with the law.
In Colorado, sellers have a duty to disclose information the buyer would find of docHub importance about the property. This information is a material fact. Sellers are also supposed to reveal issues that could negatively affect the propertys value.
Sellers of real estate in New Jersey must disclose defects known to them and unknown and not readily observable to the buyer. Deliberate concealment of a latent defective condition material to the transaction constitutes sufficient grounds to rescind a contract or award monetary damages to a buyer. Correa v.

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