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85
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35
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Jim G.
  • Investor
  • Bay Area, CA
35
Votes |
85
Posts

Disclosure Broken pipe water damage Insurance Claim when sale

Jim G.
  • Investor
  • Bay Area, CA
Posted

In California, is there any statutory requirement that the disclose package need to include the insurance claim happened in the past 12 month when sale a SFH? From CAR disclosure form, I didn't see the check box.

I recently purchase a SFH and wasn't aware of the claim until closing date when i was trying purchase the insurance for the this property. I didn't know this claim until the insurance company asked me provide the fix receipt that the previous owner claimed the water damage. Obvious the previous owner didn't fix the damage and took the insurance money.

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