is there a time frame on real estate disclosure

UPDATED: Sep 30, 2022

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is there a time frame on real estate disclosure

Wife I brought a sm chalet in Vermont 1 1/2 yrs ago. We found there is the possibility of large scale wind turbines within 1 1/2 miles of our home which could affect property value. Test towers were put up about a year before we bought. We are quite sure the property owner knew this but did not disclose. Can anything be done.
Thank-you, Pete

Asked on June 8, 2016 under Real Estate Law, Vermont


SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

You would be bringing a suit based on fraud: on knowingly misrepresenting (including by omission) a material (or important) fact, with the intention that you rely on it, and upon which you reasonably did rely. The statute of limitations, or time within which  you must initiate a suit, in your state is 6 years for fraud, so you are within time; however, there is no reason to wait, since if a party waits unnecessarily long, which degrades evidence and witness memory, courts may hold it against them. So you should still be within time and, if you intend to bring this case, should do so.

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

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