Real Estate Glossary | What is Incurable Defect??

Q: What is Incurable Defect?

A defect in a property that cannot be repaired or corrected. This could include things like a property being built on a floodplain or in a seismic zone, or a problem with the property's foundation that cannot be fixed. These types of defects can make a property unsalable, uninhabitable, or uninsurable. Incurable defects can be disclosed by a home inspector, or discovered by the potential buyer during the due diligence period. It is important for buyers to be aware of any incurable defects before purchasing a property to avoid costly mistakes.

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