Walk It Through: The Wet Basement
The seller's written disclosure, a correction before closing, two years to sue, and the lien notice in the repair contract.
A family finds a house they like, and the seller hands over a disclosure statement before any agreement is signed.
Two things a person in this spot might do. Picking one shows what the law says about it.
One house and one sale. Fraud and misrepresentation claims outside the disclosure law, inspections, and how to contest or discharge a lien are not worked through here.
A practice walkthrough, not a prediction of how any real one will go. Legal information, not legal advice.
Words this turns on
Terms with a legal meaning that is narrower than the everyday one. Each links to the definition and the authority behind it.