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The Importance of Disclosing Material Latent Defects in Real Estate

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The Importance of Disclosing Material Latent Defects in Real Estate

When buying or selling a property, transparency is key. One critical aspect often overlooked is the disclosure of material latent defects. These are significant flaws in a property that are not discoverable through a reasonable inspection but can greatly impact the use or value of the property. Examples include hidden mold, structural issues, or faulty wiring.

In our latest video, Vivian Lee, the broker for Top Producer Realty, shares a compelling example of why it is essential to disclose any material latent defects and ensure this step is taken by the realtor. By being upfront about these hidden issues, you can avoid incurring additional costs and prevent potential legal disputes down the line.

Watch the video below to learn more about the importance of transparency in real estate transactions and how it benefits both buyers and sellers.

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