Buying or selling property in Pennsylvania can be complicated due to the many real estate laws governing how property transactions proceed. An issue that often makes a buyer or seller hesitate is the possibility that real estate litigation may occur.
Our real estate law attorneys want you to know that most residential property transactions proceed smoothly and do not lead to litigation. However, it’s always a possibility.
For example, say that once your purchase of a home is complete, you discover that your property has defects that the seller failed to disclose. Examples of commonly undisclosed defects include:
- Water damage
- Pest infestations
- Radon leaks
- Damaged pipes or sewer lines
- Electrical and wiring damage
- Plumbing issues
- Roofing issues
Compliance with the nation’s real estate laws means that the seller should disclose all property defects to the purchaser. Failure to disclose known defects is a form of fraud. If proper defect disclosure did not occur, you have the option to initiate legal action against the seller.
When you want a home of your own, do not let your fear of possible litigation stand in your way. In many cases, the parties involved find a way to settle the matter without going to court. At the same time, it is critical to make sure you have an experienced attorney to act on your behalf even when an amicable settlement of the issues seems imminent. As a buyer, real estate laws in the state can help protect you from further harm.