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BUYER IS DISCLOSURE STATEMENT Business Broker Buyer Broker's Agent This series of questions and answers is to inform the Seller about potential buyers of the Business. It is supplied to help the Seller

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What is buyer39s disclosure statement?

A buyer's disclosure statement is a document provided by a seller to a potential buyer that discloses any known defects or issues with a property being sold.

Who is required to file buyer39s disclosure statement?

The seller or their agent is usually responsible for filing the buyer's disclosure statement.

How to fill out buyer39s disclosure statement?

The buyer's disclosure statement is typically filled out by the seller or their agent, who provide accurate and complete information about the property's condition and any known issues.

What is the purpose of buyer39s disclosure statement?

The purpose of the buyer's disclosure statement is to inform the potential buyer about any known defects or issues with the property, allowing them to make an informed decision about purchasing the property.

What information must be reported on buyer39s disclosure statement?

The buyer's disclosure statement may include information about the property's structural condition, previous repairs or renovations, presence of hazardous materials, any ongoing legal issues or neighborhood disputes, and other relevant details.

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