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A Seller’s Liability For a Leaky Basement

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Soble Law
A Seller’s Liability For a Leaky Basement

There is nothing wrong with purchasing a home that has a leaky basement. Basements do have the propensity to leak in older homes. However, if a seller sells their home, but fails to disclose to the Buyer that they knew about having past water problems in their basement, then that poses a legal problem for the Seller. Whether a Seller is liable for the leaky basement after they disclosed what they had thought was the source of the leak is an even more difficult determination.

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