Asked by TC, 60657 • Wed Jul 21, 2010
I bought a duplex down in a 6 unit condo. The Residential Real Property disclosure form that we received did not mention any material defects in the walls or foundation. From the time we moved in we have had a leaky foundation and have since found out that the seller knew of these problems. The property disclosure does not cover "common elements" but if your property is being damaged from a common element defect, like the foundation, don't you have to disclose that to a potential buyer?
Real Estate in Chicago
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