Name one potential consequence of failing to disclose defects in a property.

Failing to disclose defects in a property can lead to significant legal repercussions, including lawsuits. When a seller does not reveal known defects, buyers may feel misled or deceived, which can result in legal action for breach of contract or fraud. Sellers have a legal obligation to disclose material defects that could affect the buyer's decision to purchase the property or its value. If a buyer later discovers undisclosed problems, they could seek damages, forcing the seller to bear the financial burden and potentially impacting their ability to sell future properties. This emphasizes the importance of transparency in real estate transactions to protect all parties involved.