HomeLight

OCTOBER 17, 2022

it’s common for sellers to have to disclose certain details about their property to potential buyers before the transaction can take place. These legally-binding requirements are designed to enforce transparency in the dealings so as to avoid physical or financial harm to the parties involved. This is known as the due diligence period.

Purchase and sale agreement 95

Purchase and sale agreement Due diligence Earnest money deposit Inspection 95

HomeLight

MAY 28, 2021

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Many new construction homes come with a home warranty from the builder.

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Inspection contingency Inspection Seller disclosure Due diligence 81

RIS Media

SEPTEMBER 20, 2021

As more and more climate change-fueled extreme weather events—from historic hurricanes to unexpected summer downpours—affect homes, one issue anyone selling or buying a home needs to be aware of is disclosure. ” It also requires that sellers disclose water or leakage in the basement along with frozen pipes or drains. .”

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Design Purchase and sale agreement Agents Seller disclosure 111

HomeLight

FEBRUARY 9, 2023

If you need assistance navigating the legalities of what to include on a home seller disclosure form in New York State, HomeLight always encourages you to reach out to your own advisor. Is a seller’s disclosure required in New York State? According to N.Y.

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Purchase and sale agreement Inspection Residential Agents 86