VIDEO: Disclosure – What Do Sellers And Salespeople Need To Disclose?

Here is a good video on the topic of what sellers and salespeople need to disclose when selling properties.

 

The key lessons to remember from this video are:

  • Patent or visible defects do not need to be disclosed
  • Latent or hidden defects need to be disclosed by the seller
  • Psychological stigmas do not have to be disclosed
  • Be wary of sellers who ask you not to disclose

 

Source:

Mark Weisleder is a Partner, author and speaker at the law firm Real Estate Lawyers.ca LLP. Contact him at mark@realestatelawyers.ca or toll free at 1-888-876-5529

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Noel Geremia

Noel Geremia

Associate Broker
CENTURY 21 Dome Realty Inc.
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