Legal Question in Real Estate Law in Maryland

Re: No Disclosure Provided

The buyer waives his/her right to terminate the contract if the disclosure statement is not received before settlement. And if the buyer was put on notice by the inspection of the defect, it is unlikely that he/she will prevail in any legal action against you. He/she knew about the defect before settlement and failed to either (a) request that the defect be remedied or (b) demand a reduction in price to account for the defect. Either way, you would have had an opportunity to renegotiate the contract or walk away from that offer.

If you are named as a defendant in a lawsuit or are asked to schedule mediation, do not ignore it. As well, I do not recommend that you proceed without counsel in either of those circumstances.