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

Real estate bought and leased to tenants to obtain rental income. ...

Charges billed for services rendered. They may be on a flat basis or on an hourly rate. ...

Room in a building used to collect solar heat. To provide for such collection, a room is generally constructed with a glass roof and walls. ...

Matters that need to be rectified in a home or building prior to its sale or acceptance by a new owner. For example, a leaking water pipe should be repaired prior to showing the property to ...

Self-employed contractor who may perform work on a structure such as residential or commercial property. ...

Are you speculating what a spec house means? (sorry for the lousy pun) The textbook spec (or speculative) house definition is “one built on an experimental basis, without an order ...

Structure built into the water from the land providing a facility for boats to tie up. A dock will often provide utility access ...

Make changes to existing property. Example are putting in a new bathroom, kitchen, or basement ...

British thermal unit-a unit of energy associated with the creation of heat. Prior to 1929, it was defined as the amount of heat required to raised the temperature of 1 pound of water 1 ...

Popular Real Estate Questions