The Importance of Transparency in Real Estate Transactions: Disclosure and Material Facts in California
When buying or selling a home in California, transparency is crucial. Sellers are required by law to disclose material facts about the property—those aspects that could affect its value or desirability. These disclosures help ensure that buyers are fully informed about the condition of the property, and they protect sellers from legal liabilities. Let's dive into why being upfront about a property's condition is essential, and what you need to know as a buyer or seller in California.