Full disclosure is a critical part of selling your home ethically and legally. Sellers are required to share information about any known issues that could affect the property’s value or safety.
In Ontario, you must disclose latent defects — hidden problems that are not visible during a normal inspection but could make the home unsafe or uninhabitable. Examples include foundation leaks, structural issues, or mold behind walls.
You are not required to disclose minor wear or easily observable defects, but honesty builds trust and prevents future disputes. If buyers discover undisclosed major problems after closing, they could pursue legal action.
It is also good practice to disclose renovations or repairs, especially if they required permits. Buyers appreciate transparency, and full documentation can actually strengthen confidence in your listing.
Condo sellers should disclose any known issues with the unit or building, such as upcoming special assessments or pending legal matters.
When in doubt, disclose. Transparency protects both you and the buyer, ensuring a smooth and ethical transaction.
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