Disclosing all relevant information to potential buyers is crucial when selling a home. What to disclose when selling:
1. Property Condition
Roof leaks: Disclose any known issues with the roof, including past leaks or damage.
Water damage: Report any past or present water damage, including flooding or leaks.
Foundation issues: Any known problems with the foundation or structural integrity should be disclosed.
Electrical and plumbing systems: Information about the condition and any known problems with these systems.
Heating and cooling systems: Disclose the condition and age of HVAC systems.
Pest infestations: Report any history of infestations, such as termites, rodents, or other pests.
2. Environmental Hazards
Lead-based paint and Asbestos: If known, disclose
Asbestos: Disclose if asbestos is present in the property.
Mold: Any known presence of mold and related issues.
Other known toxins: Any other hazardous substances present on the property.
3. Legal Issues
Deaths on the property: Some states require disclosure if a death occurred within the last three years. However, you should always disclose a violent death or suicide. I have learned that the first things the neighbors are going to do is knock on your door and tell the new buyer.
Property liens: Disclose any liens or financial claims against the property.
Zoning violations: Report any zoning issues or violations.
4. Neighborhood Issues
Noise: Inform buyers of any significant noise issues, such as nearby train tracks or highways.
Odors: Any persistent or strong odors that could affect the living experience.
Crime: Specific incidents in the neighborhood may need to be disclosed.
5. Repairs and Renovations
Recent repairs, renovations: Detail any major repairs or renovations, including invoices permits and warranties.
Pending repairs: Disclose any needed repairs that have not been addressed, especially ones with written estimates.
6. Appliances and Systems
Included appliances: Specify which appliances are included in the sale and their condition.
Septic systems: Information on the location, condition and maintenance history of septic systems.
7. Other Important Information
Property disputes: Any boundary disputes or issues with neighbors.
Insurance claims: Information on past insurance claims made on the property.
By providing comprehensive and accurate disclosures, you can avoid potential legal issues.
