Which term describes a hidden flaw in a property that is not obvious upon inspection?

The term that describes a hidden flaw in a property that is not obvious upon inspection is a latent defect. These defects are typically concealed and may only become apparent after a certain period or with specific circumstances that reveal issues not immediately visible. Examples of latent defects include underlying water damage, structural issues within walls, or electrical problems that are not evident until they manifest in a significant way.

Latent defects are particularly important in real estate transactions because they can impact the property's value and the safety of its occupants. Sellers are often required to disclose known latent defects to potential buyers, highlighting their significance in ensuring transparency and protecting both parties in a transaction.

In contrast, structural defects refer to visible and significant issues with the property’s physical structure, while appraised value refers to the market value determined by a qualified appraiser based on various factors, including the property's condition and location. Curb appeal issues concern the exterior attractiveness of the property rather than hidden flaws within. Hence, the correct choice effectively captures the essence of undiscovered defects impacting property value and livability.