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What is a Seller’s Disclosure? Here’s Why It’s Important

Redfin

The seller’s disclosure can only protect the seller if done accurately and honestly. If done correctly, this document will protect the seller from being held legally liable for any issues that may develop with the home in the future. The seller only needs to disclose what is required by their state.

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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Each state has different requirements , but basically the seller is required to tell the buyer of any known problems with the house. That’s why due diligence on the part of a homebuyer is vital.

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Flood and Disaster Disclosures: Law, Precedent and Grades for All 50 States

RIS Media

Connecticut requires by law that sellers disclose flood hazard and inland wetland designations along with fire and smoke damage, but does not mandate anything regarding past flooding events or damage, or whether flood insurance is required on that property. There are no mandatory flood disclosure forms or requirements in Vermont.

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Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

Receive your offer within a week and close in as little as 10 days. Available to sellers in Orlando. The benefit of cash offers for sellers is that these deals tend to close faster and have fewer risks , ” she explains. Barrett Spray Real Estate Agent Close Barrett Spray Real Estate Agent at Keller Williams 5.0

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