Probably -- state law requires this information to be disclosed. Also, did you have a home inspection prior to the purchase? If so, that company may also be liable. You will need to consult with a real estate attorney in your area.
This communication is not intended to create an attorney/client relationship. It is always recommended you consult an attorney in person to discuss your case. The Law Offices of Stage & Associates practices state-wide and represents homeowners and community associations. Please visit our website at www.stagelaw.com.