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Is the Seller Responsible for Any Repairs After Closing? Sellers aren't liable for the cost of repairs if they weren't aware of the issues before closing. However, a seller can be held responsible if they knew about the problems and didn't disclose them to the buyer.

Real estate agents are now required to provide the Agency Law Disclosure to all participants when listing, selling, buying or leasing for a term greater than one year: property containing one-to-four residential units; mobilehomes; and.

Breach of a written contract: Four years from the date the contract was broken. Breach of an oral contract: Two years from the date the contract was broken. Property damage: Three years from the date the damage occurred.

If a seller fails to disclose, or actively conceals, problems that affect the value of the property; they are violating the law, and may be subject to a lawsuit for recovery of damages based on claims of fraud and deceit, misrepresentation and/or breach of contract.

The listing agent must provide the disclosure to the seller prior to securing the listing agreement. The selling agent must provide the disclosure to the seller “as soon as practicable” prior to presenting a purchase offer.

In most cases, buyers have six years from the date of completion to bring any claims against undisclosed problems, or three years from the date the buyer discovered the issue. Always seek independent legal advice if you're thinking of making a claim against a seller.

The 4-year statute of limitations for breach of contract in California, Code of Civil Procedure § 337 is a primary and critically important statute of limitation for all real estate sales, contracts and transactions, which potentially applies to every real estate transaction in California since all such transactions ...