REINSW CPD Online Course - Disclosure of Material Facts

REINSW Online CPD Course - Disclosure of Material Fact.

What is a material fact? 

The question most agents ask when told they must disclose all material facts to potential buyers and tenants is: so what exactly is a material fact? 

A material fact is a fact that would be important to a reasonable person in deciding whether or not to proceed with a particular transaction. In a property services context, these are facts which: 

• may be sufficiently significant or relevant to influence decisions on whether to buy, sell or rent, and/or 
• could impact on the market value of a property.

Learn in this course all you need to know and more!