Material Fact
Definition of "Material fact"
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.
Popular Real Estate Terms
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Listing of property that is open, meaning there is no one real estate agent who has the sole right to sell the property. ...
Threat of violence to obtain a contract. ...
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An easement granted to a public utility. ...
Governmentally held records of public transactions giving constructive notice that documentation exists confirming the transaction. ...
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Buyer who is acting in good faith, is not aware of any outstanding claims or rights of others to the property, and has given valuable consideration as part of the business transaction. ...
Comments for Material Fact
is mobile phone base station statistics for a property a material fact?
Aug 25, 2018 20:03:45You could certainly make a case for it if the static is unbearable.
Aug 27, 2018 11:20:31But 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.
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