Atlanta Business Lawyer Blog
In my real estate litigation law firm, I wanted to make you aware that home sellers are required to disclose the home defects to any buyers or they could be held liable for failure to disclose defects when selling the home. Georgia law requires disclosure of defects on the “Seller’s Disclosure Statement“, which is part of most sales contracts and incorporated into the contract. The seller of a home must disclose defects, which are not readily discoverable by the homebuyer.
Conversely, the homebuyer cannot just rely on the home seller to gain a full knowledge of the condition of the home they are purchasing. The homebuyer must use due diligence to inspect the home and discover and defects which could be reasonably discoverable upon a diligent inspection. Homebuyers are not required to discover latent defects or defects hidden by the home seller. When a homebuyer is tricked by a home seller into buying a home through fraud and misrepresentation, many causes of action may be brought against the home seller. Unfortunately, in today’s real estate market where homes are hard to sell, our Georgia real estate fraud law firm is seeing more and more cases where the sellers of a home have engaged in fraud, fraudulent inducement, or misrepresentation of material issues in order to effectuate the sale of their home.
The real estate contract attorneys at The Libby Law Firm are available to make sure your rights are protected. Our Atlanta law firm provides counsel to anyone in need of Georgia real estate contracts or any party involved in a construction contract dispute, including the seller, purchaser, builder, contractor, or sub-contractor. Call our Main Office at (404) 467-8611, to discuss how we can be of assistance to you and to speak with an experienced real estate litigation lawyer. You can also send a message through our confidential Contact Us form.. Our main office is conveniently located in the heart of the Buckhead district of Atlanta. Our Cobb County law office located in Marietta, Georgia, also handle numerous Cobb County real estate litigation, real estate contract disputes, and construction defect cases.
The Libby Law Firm handles legal matters pertaining to Georgia real estate, property and title disputes, and Georgia construction disputes and litigation.
Our firm boasts a nationwide clientele and represent persons and entities located in over two-thirds of US States. All of our conveniently located office locations enjoy a friendly atmosphere, are easily accessible, and have plenty of free parking. Our responsive staff of paralegals and lawyers stands ready to serve your best interests.