What is one consequence of failing to disclose property defects?

Failing to disclose property defects can lead to potential legal action from buyers because it violates the duty of transparency that sellers and their agents have in a real estate transaction. In many jurisdictions, including Indiana, sellers are legally required to provide accurate information about the condition of a property. If a defect is discovered after the sale, buyers may feel misled and could pursue legal remedies for breach of contract or misrepresentation. Such legal action can result in financial repercussions for the seller, as they might be liable for damages or required to cover repair costs. This legal accountability emphasizes the importance of honesty and full disclosure in real estate transactions.