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What should I do if I discover a defect in the property after I have already purchased it?

As a lawyer, if you discover a defect in the property after you have already purchased it, the first step you should take is to review the terms of the purchase agreement and any applicable warranties. Many purchase agreements include clauses that limit the seller’s liability for defects, while others may provide warranties that cover certain types of defects. If the seller has breached a warranty, you may have a cause of action against them.

Additionally, you may want to hire a qualified building inspector or other expert to assess the defect and provide a professional opinion on the severity of the problem and any repair costs that may be involved. This can be useful in negotiations with the seller or for filing a lawsuit against them.

If the defect was not disclosed to you before the purchase, you may also have a fraud claim against the seller. In order to prevail on a fraud claim, you would need to show that the seller had knowledge of the defect and intentionally concealed it from you.

It is important to note that there may be time limits for bringing legal action against the seller, so it is generally best to act quickly upon discovering the defect. You should also consult with a licensed attorney in your jurisdiction to discuss your specific situation and determine the best course of action.