Nondisclosure In Sales Of Business And Property
In any financial transaction, the buyer deserves to know relevant information about the property he or she is buying. Failure to disclose this information can constitute fraud, if the seller knowingly withheld information from the buyer.
At Buffington Law Firm, PC, we handle a broad range of business fraud lawsuits, including those involving claims of unlawful nondisclosure. Our attorneys are experienced litigators who can protect your rights in this legal dispute.
Failure To Disclose
Business fraud occurs when one party actively misrepresents the facts in a business transaction, or fails to disclose key information that would affect the buyer’s interest in a property. Nondisclosure claims commonly arise in the following settings:
- Sale of a business: When one party buys a business from another, the seller is required to disclose all relevant information about the business, including potential risks and liabilities. Failure to do so can expose the buyer to significant liabilities and financial loss.
- Sale of real estate: Sellers of real estate must disclose information concerning construction defects, liens, encroachments and other elements that could affect the property’s value.
When failure to disclose is alleged, it is important to determine what the seller knew, when he or she knew it and if he or she owed the buyer the duty of disclosing that information. Our lawyers have handled numerous nondisclosure lawsuits and can protect your rights, whichever side of this issue you are on.
Nondisclosure Agreement Litigation Attorneys In Orange County
If you are engaged in a legal dispute over the failure to disclose information about a business or real estate transaction, we can help. Contact us at 714-450-6568 or toll free at 800-835-2447 to speak with one of our experienced business litigation lawyers in Orange County, California.