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Disclosure to Buyers

October 1, 2013

What Should WNY Sellers Disclose to Home Buyers?

What to disclose to homebuyers.

 

What to disclose to homebuyers.

By law, real estate professionals cannot fill out any sellers’ home disclosures unless the agent is the seller or a party to the transaction. If your agent can’t tell you, ask a lawyer if you need to sign every disclosure handed you.

Read Also: Things Sellers can do make a buyers day!

Every state has its own laws regarding disclosures, so the forms will be different. A federal disclosure such as Lead-Based Paint is required for all transactions if the home was built before 1978. Chances are in most areas of Western New York you will need this form. At the time that you sign the listing contract, your Realtor will ask you to fill these disclosures as well.

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