Contracts
What is a material fact in real estate disclosure?
AAny fact about the property's construction materials
BA fact that would likely influence a reasonable buyer's decision to purchase or the price offered✓ Correct
COnly structural defects
DFinancial information about the seller
Explanation
A material fact is any fact that would likely influence a reasonable buyer's decision to purchase the property or affect the price they would pay. Ohio requires disclosure of known material defects.
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