Fraudulent Nondisclosure with Real Estate Transactions
1Elements and Case Citations
- The seller of a home must have knowledge of a defect in the property;
- The defect must materially affect the value of the property;
- The defect must be not readily observable and must be unknown to the buyer; and
- The buyer must establish that the seller failed to disclose the defect to the buyer.”
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- The rest of the elements for this cause of action;
- The citations to the most recent state and federal court cases citing the cause of action;
- The statute of limitations; and
- The defenses to this cause of action.
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