Re: Honest disclosure
There's not really a lot of point in hiding that sort of thing.. the survey is likely to catch it (one would hope - for the buyer's sake) and then you're caught redhanded apparently hiding something or misrepresenting what's there. I actually struggled with this last year when we tried to sell.. I didn't hide the fact that there was an issue but I probably understated it. I knew it would come up at survey. In the end we didn't sell and did a proper repair for our own peace of mind.
In the end you either lose the sale altogether, or take a harder hit, perhaps, than the cost of fixing it first...
".. there is much you could do at sea with common sense.. and very little you could do without it.."
Capt G E Ericson (from "The Cruel Sea" by Nicholas Monsarrat)
1984 Fast/Nicholson 345 "FastForward"