Redfin

MARCH 14, 2022

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.

Purchase and sale agreement 67

Purchase and sale agreement Due diligence Seller disclosure Inspection 67

HomeLight

MAY 28, 2021

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.

Inspection contingency 79

Inspection contingency Inspection Seller disclosure Due diligence 79

RIS Media

SEPTEMBER 20, 2021

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.

Design 103

Design Purchase and sale agreement Agents Seller disclosure 103

HomeLight

MARCH 13, 2023

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. The buyer does due diligence during the option period in Florida. The option period is negotiated between buyer and seller. Due diligence for a cash buyer is mostly title related.

Sales 80

Sales Investor Due diligence Renovation 80