What is the legal requirement for real estate disclosing in Indiana?

In Indiana, real estate agents have a legal obligation to disclose any known defects or issues with a property. This duty is rooted in the principle of transparency and protecting the interests of buyers. By disclosing known defects, agents help ensure that potential buyers are fully informed about the condition of the property they are considering. This requirement helps to foster trust in real estate transactions and minimizes the risk of disputes arising after the sale due to undisclosed problems.

The legal duty to disclose applies to any material defects that could influence a buyer's decision. This includes not only physical issues, like structural damage or plumbing problems but also issues related to legal compliance, such as zoning violations. By adhering to this requirement, agents fulfill their ethical responsibilities and protect themselves from possible legal repercussions that could arise from non-disclosure.