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If a seller fails to disclose, or actively conceals, problems that affect the value of the property; they are violating the law, and may be subject to a lawsuit for recovery of damages based on claims of fraud and deceit, misrepresentation and/or breach of contract.

When Is a Seller's Disclosure Not Required in Texas? Every rule has exceptions—even in Texas. You don't need a seller's disclosure when you sell or give a house to your kids (such as in a will), your spouse (such as part of a divorce), someone you already co-own the house with, or the government.

Seller's Disclosure Notice | TREC.

Minnesota law specifies that the seller of a residential property must make a written disclosure to the prospective buyer that includes all “material facts of which the seller is aware that could adversely and significantly affect 1) an ordinary buyer's use and enjoyment of the property, or 2) any intended use of the ...

Minnesota do not require disclosure of death on a property. The specifically state exclusion of suicide, accidental death, natural death, or perceived paranormal activity.

Failure to Disclose is a form of Misrepresentation & Fraud This silence, also known as failure to disclose, is a form of fraud. Manufacturers and sellers of a product typically have more information about that item than the average consumer.

A Seller's Disclosure is a legal document that requires sellers to provide previously undisclosed details about the property's condition that prospective buyers may find unfavorable. This document is also known as a property disclosure, and it's important for both those buying a house and for those selling a house.

Your potential statutory remedies and your remedies under claims for common law fraud or misrepresentation all potentially include monetary damages, rescission of the agreement, or punitive damages, depending on the wrongful acts of the seller.