We examine the impact of seller's Property Condition Disclosure Laws on residential real estate values. A disclosure law may address the information asymmetry in housing transactions shifting risk from buyers and brokers to the sellers and raising housing prices as a result. We combine...

In developing countries, potential home-buyers lack accurate information about housing projects. Insecure property rights in developing countries have led to a rise in litigation against these projects. Information asymmetry between developers and buyers about the litigation status results in...