Full Disclosure or Deceptive Practices?

By
Home Inspector with Critical Home Inspections

     In order to protect consumers from the "caveat Emptor" mentality in our free enterprise system, laws were passed that attempt to protect consumers from shady practices. Is a lie still a lie if it is committed through omission? What we don't say sometimes screams out loudly when it becomes apparent at a future date.

In the case of Real Estate dealings, a document prepared by the seller has to be given the prospective buyer stating all known material defects on a property prior to the sale. If a seller does not fully disclose "known material defects" then the buyer has full legal recourse against the seller should defects crop up after the closing.

The defense used by sellers usually comes about in the following manner.... " Duh... I didn't know that...."

Ok... the buyer now has to prove that the seller was fully aware of conditions and failed to disclose them.

What happens when a Real estate Agency gets thrown into the mix?

What if the Realtor, is aware of problems that are not documented on the Property disclosure Forms?

Read all about it.

Worse yet..... what if the Realtor did not know, thought they were covered by other professional reports, and yet the Jury finds against the Realtor. 

subscribe to my blog        goto web page.gif

Comments (83)

Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy Victor, just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you!

Have a good one

Aug 28, 2012 11:32 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy Victor, just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you!

Have a good one

Aug 28, 2012 11:33 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy Victor, just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you!

Have a good one

Aug 28, 2012 11:34 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy Victor, just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you!

Have a good one

Aug 28, 2012 11:35 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy Victor, just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you!

Have a good one

Aug 28, 2012 11:36 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy Victor, just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you!

Have a good one

Aug 28, 2012 11:37 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy Victor, just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you!

Have a good one

Aug 28, 2012 11:38 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy Victor, just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you!

Have a good one

Aug 28, 2012 11:39 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy Victor, just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you!

Have a good one

Aug 28, 2012 11:40 AM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Victor, I was just kind of hopping to find out you mighty had came back to your blog here.

Jul 16, 2013 08:08 PM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hay Victor,  Just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Sep 15, 2013 04:46 AM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hay Victor,  Just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Sep 15, 2013 04:47 AM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hay Victor,  Just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Sep 15, 2013 04:48 AM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hay Victor,  Just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Sep 15, 2013 04:49 AM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hay Victor,  Just checking to see if you have been by. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Sep 15, 2013 04:51 AM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hey Victor

I'm sure hopping you are doing okay! Our friend Carl retired in the first part of this year.

Sep 30, 2013 09:20 PM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hey Victor

I'm sure hopping you are doing okay! Our friend Carl retired in the first part of this year.

Sep 30, 2013 09:21 PM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hey Victor

I'm sure hopping you are doing okay! Our friend Carl retired in the first part of this year.

Sep 30, 2013 09:22 PM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hey Victor

I'm sure hopping you are doing okay! Our friend Carl retired in the first part of this year.

Sep 30, 2013 09:23 PM
Baker Home Inspection and Commercial Properties Inspections
Baker Residential and Commercial Properties Inspections - Springfield, VT
Home and Commercial Properties Inspections Vermont

Hey Victor

I'm sure hopping you are doing okay! Our friend Carl retired in the first part of this year.

Sep 30, 2013 09:24 PM