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Old 04-08-2021, 02:24 PM   #497
Erick Estrada
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Join Date: Oct 2006
Location: San Fernando Valley
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Quote:
Originally Posted by troutman View Post
https://www.reca.ca/consumers/proper...atent-defects/


A material latent defect is a physical defect that is not discernible through a reasonable inspection, and makes a property:
  • dangerous or potentially dangerous to the occupants
  • unfit to live in
  • unfit for a buyer’s purpose, should that purpose be known to the sellers or by the industry professional
These are defects that may not be discoverable during a reasonable inspection of the property, even by a professional home inspector.


Material latent defects may also include:
  • defects that would be very expensive to repair
  • when a seller has received a notice from a local government or authority that something about the property must be fixed
  • when the seller does not have appropriate building or other permits for the property
That's not a house as that's a dumpster fire. Safe to say that's not the typical house being sold in Calgary.
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