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DocuSign Envelope ID: 8F2A77F057514A65988255C6D9DF962DADDENDUM DISCLOSURE OF INFORMATION AND ACKNOWLEDGMENT ABOUT LEADBASED PAINT AND/OR LEADBASED PAINT HAZARDS LEASES I. LEAD PAINT WARNINGHousing

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How to fill out seller disclosure of property

01

Gather all necessary information about the property, including any known issues or defects.

02

Fill out the disclosure form completely and accurately, including details about the property's history, condition, and any recent repairs or improvements.

03

Be honest and transparent about any problems or concerns with the property, as failing to disclose information could lead to legal consequences.

04

Consider hiring a professional inspector to thoroughly assess the property before completing the disclosure form.

05

Review the completed form carefully before signing and submitting it to the buyer.

Who needs seller disclosure of property?

01

Sellers of real estate properties are typically required to provide a seller disclosure form to potential buyers.

02

Buyers may also request a seller disclosure form to gain more information about the property before making a purchase.

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What is seller disclosure of property?

A seller disclosure of property is a legal document where the seller reveals known issues, defects, and details about the property's condition to potential buyers.

Who is required to file seller disclosure of property?

Typically, sellers of residential real estate are required to file a seller disclosure when selling their property.

How to fill out seller disclosure of property?

To fill out a seller disclosure, the seller must complete the provided form by answering questions regarding the property's condition, previous repairs, and any known issues honestly and accurately.

What is the purpose of seller disclosure of property?

The purpose of seller disclosure is to inform potential buyers of any material facts about the property that could affect their decision to purchase it.

What information must be reported on seller disclosure of property?

Sellers must report information such as structural issues, past flooding, pest infestations, roof and electrical system conditions, and any renovations made.

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