What is a latent defect in property?

A latent defect in property refers to a hidden defect that is not easily seen or discovered upon a casual inspection. These types of defects may affect the value and safety of the property but can be concealed until a thorough investigation or a specific situation exposes them. Examples include issues like hidden plumbing leaks, foundation problems, or structural weaknesses that are not apparent without in-depth assessment.

Understanding latent defects is critical for leasing agents, as they have a responsibility to disclose any known issues to potential tenants and ensure that the property's condition is accurately represented. This helps to protect both the landlord's investment and the tenant's safety and comfort.

Other options describe defects in various ways, such as visible issues or minor cosmetic problems, which do not align with the definition of latent defects. A crucial part of a leasing agent's role is to be aware of such hidden issues and ensure they are addressed appropriately, as they can lead to significant consequences for both the property owner and tenants.