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A seller must disclose to a buyer all known material defects about property being sold that are not readily observable. This disclosure statement is designed to assist the seller in complying with disclosure requirements and to assist the buyer in evaluating the property being considered.
By law, a Pennsylvania real estate sales agreement must provide a description of the property and any identifiable damage. Sellers must disclose any structural defects or problems tied into the property. This is to ensure buyers sign and agree to the sale with a full understanding of the property's condition.
If the person making the sale uses unlawful means to complete the sale, the buyer has a remedy under the UTPCPL. The Act itself describes the monetary remedy as the actual amount of damages and up to three times the amount of the damages ? also known as treble damages.
You may request a Statement of Complaint Form by mail, by calling the Professional Compliance Office Hotline at 1-800-822-2113 (if you are calling from within Pennsylvania) or at 1-(717) 783-4849 (if you are calling from outside Pennsylvania).
Does seller have to disclose previous inspection in Pennsylvania? Although sellers need not conduct home inspections to sell their homes, sellers must disclose any known material defects to avoid a future lawsuit. But you can disclose the details of any inspection which you have conducted voluntarily in the past.
Meseck, the most common complaints involve: Multiple offers. Unpermitted work. Easements. Flood and fire zones. Oil and gas rights. MLS issues with images, including drone photos. Earnest money and deadlines. Who should verify details.
Code of Ethics Violations. Common real estate ethics complaints can include: Not acting in the best interests of clients. Revealing private or confidential information. Advertising a listed property without disclosing their Realtor status.
When they lie, you have grounds for a lawsuit against the seller. Any kind of misrepresentation or even failure to disclose defects in the home can lead to financial compensation. Had the seller disclosed some defects, you might not have bought the home.