Which is true about latent defects in real estate?

Latent defects in real estate refer to issues that are not immediately apparent during a typical inspection and can significantly impact the property's use or value. Unlike obvious flaws, which can be easily spotted by potential buyers or inspectors, latent defects may only become known through further investigation or after a problem develops over time. Because these defects are hidden and not discoverable through ordinary inspection, they can pose a risk to buyers who may not be aware of them at the time of purchase.

Understanding this concept is crucial for both buyers and sellers in a real estate transaction. Sellers are generally required to disclose known latent defects, as failing to do so can result in legal consequences. Buyers should be aware that latent defects could affect their rights and financial investment, emphasizing the importance of thorough home inspections and due diligence before closing a deal.