Quebec Real Estate – LATENT DEFECTS-
It is the responsibility of the buyer to identify the apparent defects and to declare them to the contractor. Problems such cracks in the wall and floors, roof that leaks, and doors that do not close tight are examples of defects which must be identified during the purchase period. These defects could be used to negotiate the sale price, but primarily should be identified and repaired. In regards to latent defects, the following conditions MUST be met:
– Defects shouldn’t be apparent, i.e. non-visible;
– Defect must be present prior to the purchase;
– Defect is unknown to the buyer;
– Defect must be important;
– Defect is a nuisance for the enjoyment of the premises.
See also: http://realestateqc.ca/latent-defects/
Catalin Ivan – Quebec Real Estate Broker –
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