what is a latent defect in real estate
A latent or hidden defect is a fault or a flaw in an immovable property that cannot be seen by the naked eye at the time of the purchase. In order to qualify as a latent defect, it must have existed at the time of the purchase and it must not have been obvious or apparent to notice to the prudent buyer placed in the same circumstances, but serious and important enough to constitute a latent defect.