In Kansas there is a standard "reveal" statement that the seller signs off on. You can plead ignorance (in this case it was the parent's home and you have no idea what issues it has), but with the inspection report that tells you what is wrong you have to reveal what the report disclosed to you. You could get your own inspector that says it isn't an issue but you can't say "we just won't tell anyone that".
If you and your seller agent KNOW the electrical system is bad, there are termites in the basement and the furnace has a carbon monoxide leak you are required by law to reveal it. Three months later the realestate agent and the sellers could find themselves in court with a losing case.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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