If deficiencies are discovered that did not previously exist or were not previously disclosed, Buyer(s) may seek bids for repair and add the amount to escrow when using FHA financing.

Before I tell people why I think an owner should hire a property management company I’m going to disclose that I’m a licensed real estate broker in Florida & I own a real estate company that focuses on property management in Jacksonville FL.

I have since contacted the city and confirmed the home is historic but the seller disclosed it was not.

You can also state that you have other interested buyers so if they are going to be difficult, you have the option to m Be on to the other buyers (the buyer doesn't need to know if you have other written offers or not and you don’t have to disclose that at this point).

I fully disclose that it is only for six months and the rate is reduced.

There is however a duty on the Assignor to disclose to the Landlord/Optionor/Seller if there is any monetary valued the the Assignor is receiving from the Assignee and the Landlord/Optionor/Seller has to approve the assignment regardless if their is any monetary compensation between the Assignor and Assignee.Typically we do not utilize an escrow company in a Lease Option Agreement unless and until the Option is exercised by the Optionee. 

Turned out she really wanted to stay and when confronted with the increase she disclosed that she had plenty of money and it was a non issue.

Real estate agents have a legal and ethical requirement to disclose a conflict of interest to the client. 

Hello,Has anyone ever tried to sue a seller for not disclosing foundation issues and what was the outcome?

If you sell it, I don't know if you have to disclose that the renos were not permitted.