Definition of "Material fact"

ANTHONY AMATRUDI PA real estate agent

Written by

ANTHONY AMATRUDI PAelite badge icon

Coldwell Banker

Significant information that if disclosed would affect an individual's decision. For example, a buyer would probably not enter into a contract with a seller of real property if it was known that the seller was a criminal.

Comments for Material Fact

S Street S Street said:

is mobile phone base station statistics for a property a material fact?

Aug 25, 2018  20:03:45

 
Real Estate Agent

You could certainly make a case for it if the static is unbearable. 
But we don't think it would be a strong case, especially because there's a lot of other reasons that increases and attenuates static, and a lot of workarounds that.

Aug 27, 2018  11:20:31
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Glass containing wire support to make it stronger. There is less chance of glass being broken into pieces and hurting people. ...

The United States has a law named “eminent domain” that grants local, state, or federal government the right to take ownership of a private property with or without the consent ...

Subdivided acreage with utilities usually situated within or adjacent to established communities. ...

A rule that the price of a house should not exceed about 2 to 2.5 times your family's gross annual earnings. Example : If annual gross income is $70,000, the highest price one could afford ...

Value that a speculator believes an investment will reach at some point in the future. ...

Owner of land allowing another to use space under the ground, such as to install a sewer or gas line. ...

Financing of a home based on how much equity the homeowner has in it. The interest rate is typically a variable one. ...

Highest bid to buy and the lowest offer to sell a parcel of real estate in a particular market at a specified time. ...

To obtain the right through authorization to act as a legal representative and agent for another. ...

Popular Real Estate Questions