Agency
What is a 'latent defect' and what are a Delaware seller's disclosure obligations regarding it?
AA defect that is visible to any reasonable buyer during inspection
BA hidden defect not discoverable by reasonable inspection — sellers must disclose known latent defects under Delaware's Seller Disclosure Act; concealment of known latent defects can result in fraud liability✓ Correct
CA defect in the property's title that is not immediately apparent
DA defect that only appears after major weather events
Explanation
A latent defect is a hidden condition not discoverable through ordinary inspection — such as foundation issues concealed under finished flooring or a history of basement flooding. Delaware sellers are required to disclose known latent defects on the Seller Disclosure form.
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