The Real Estate Encyclopedia
What Happens If I Do Not Complete The Disclosures Honestly And What Is misrepresentation?
Category - Home Selling Questions - Selling Disclosure & Inspections FAQ's

When property defects or environmental hazards are not disclosed to the buyer, the seller is guilty of misrepresentation.  The buyer may be able to rescind the sales contract or receive compensatory damages, which are actual damages for the repair of the defect.  An agent is liable for not disclosing known defects and may be liable for defects the agent “should have known” about.

 
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Home Selling Questions - Selling Disclosure & Inspections FAQ's
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