Legal Question in Real Estate Law in North Carolina

Seller did not disclose water in basement . Is there a statute of limitations?


Asked on 1/15/13, 9:39 pm

1 Answer from Attorneys
Kenneth Love Ken Love Law

You should consult with a real estate attorney if you think you have claims, but the statute of limitations is 3 years for this type of claim. The statute runs from when you learned or should have known of the problem. One argument is that you should have gotten a home inspection...which I recommend with every home purchase to discover this problem.

Read more
Answered on 1/16/13, 9:36 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in North Carolina