Non Disclosure | Real Estate Litigation In Los Angeles
Schorr Law has a substantial amount of experience representing clients with actions against the sellers of real property arising out of the seller’s failure to disclose defects in the real property that the seller sold. We investigate the nature of problem, help our clients understand the cost to fix it, and then actively protect our clients rights. We specialize in non disclosure and real estate litigation in Los Angeles.
What if you discover a defect in the property you just purchased?
If a buyer discovers a defect in the property and the buyer thinks that the seller knew about a defect – such as a basement that floods in heavy rain or the property does not contain a proper retaining wall – and the buyer fails to disclose it, the buyer may be entitled to damages for the seller’s failure to disclose.
Keep in mind, however, that as long as the defect is disclosed there is often no liability for the defect. On the other hand, if the disclosure did not happen until late in escrow, the buyer may have the right to get out of the deal or to collect damages.
For help with any of your property issues and real estate litigation in Los Angeles, please contact us.