A new ruling in Michigan could change what sellers are required
to disclose when listing their property.
The state's Court of Appeals just held that contaminated
groundwater—even if it hasn't reached the home—can
qualify as an "environmental hazard" under the Seller
Disclosure Act.
Todd Schebor takes time out of his vacation to break down what the
decision means for property transactions and what sellers can do to
protect themselves.
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