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Updated about 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Yukon, OK
1
Votes |
7
Posts

Foundation Repair Disclosure in Oklahoma

Account Closed
  • Rental Property Investor
  • Yukon, OK
Posted

Hello everybody,

I bought a house in Yukon, Oklahoma in 2016, and just realized now that there was some work done on outside of the house that looks like foundation repair. I still did not call anybody to check it out, but i will soon. Do you maybe know if a seller need to disclose foundation repair when selling a house in Oklahoma?

Most Popular Reply

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123
Posts
79
Votes
Ralph Justiz
  • Realtor
  • Edmond, OK
79
Votes |
123
Posts
Ralph Justiz
  • Realtor
  • Edmond, OK
Replied

Depends on the situation. Technically sellers are supposed to disclose known defects but if you purchased the property directly from the seller or an investor there is a chance they may no have known the requirements. The seller might have also not known of the repair. You might consult a real estate attorney just to make sure but I believe you only have two years from the time of sale to rectify any issues with a seller disclosure. 

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