Buying your dream home in Tennessee might be one of the best moments in life, until you start noticing defects. Wall cracks, burst pipes and foundation issues begin to appear, all of which your seller did not disclose before purchase.
Tennessee real estate law requires sellers to report material defects so homebuyers like you can make an informed decision. If a seller fails to do this, you may file a case to receive compensation.
Types of material defects in homes
When you express interest in a residential property, the seller must provide a disclosure statement that reveals the property’s known condition. The document may contain the following:
- Electrical wiring issues
- Termite infestation and damage
- Mold formation
- Structural defects
- Heating, ventilation and air conditioning (HVAC) issues
- Home adjustments without permits
- Environmental hazards, such as flooding and sinkholes
If you bought your home without being made aware of any of these issues, you may file a case against your seller.
Remedies for undisclosed defects in your home
As a homebuyer, you have the right to know everything about the home you have purchased. If the seller violated Tennessee law, you may either pursue a settlement negotiation with them or proceed with litigation.
Arriving at an agreement with the seller is possible. Before discussing the matter with them, prepare and provide documentation of all concealed defects in your home. You may choose to hire a property inspector to thoroughly examine your home for damages you may not have seen yet. Afterwards, you may demand compensation for your home’s issues to cover repairs and treatment required.
If the seller refuses to take responsibility, then you may escalate the matter to court. A real estate attorney can offer legal guidance and bring clarity on your case.