latent defect Flashcards

latent defect Flashcards it is the responsibility of buyer todiscover any material problems with the property any material facts by discovered by broker must bedisclosed to prospective buyers it is the real estate professionals duty to discover any material facts that may affect the property's value or desirability, whether or not they are known or disclosed by the seller.however Latent Defecta hidden structural defect that would not be discovered by ordinary inspection some states allow a non disclosure statement that places the burden of discovering any adverse property conditions on buyer