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

Type of investment company that invests money in mortgages and various types of investment in real estate, in order to earn profits for shareholders. Shareholders receive income from the ...

Frame surrounding a door or window to block adverse weather. It may be made of wood, metal, or other material. The frame may be fixed or moveable. ...

Same as term Veterans Administration Mortgage: Mortgage guaranteed up to 30 years by the Veterans Administration to veterans meeting minimum requirements. Originally established by the ...

Within Real Estate, “nuisance” is a term used to describe any disturbance that might affect neighboring houses. Nuisance abatement is the enforcing of policies and codes that ...

Calculator having various financial functions including present value, purchase price, property appreciation, lease costs, loan and mortgage amortization. ...

A lease requiring tenants to pay all utilities, insurance, taxes, and maintenance costs. ...

Any structure projecting from a wall or other vertical element for the purpose of providing support for a weight or other object. ...

Bankruptcy declared by any insolvent person or business. In contrast to involuntary bankruptcy, which is applied for by the creditors. ...

Residing in a structure that the individual owns. ...

Popular Real Estate Questions