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What do I need to disclose when selling a home?
What do I need to disclose when selling a home? Is there a timeframe? If something happened 5 or 10 years ago, do I still need to disclose?
Asked By Cheryl | Dallas, TX | 313 views | Selling | 1 year ago
Answer(4)
Jamie Merwin
ZMD REALTY
You must legally disclose everything you have knowledge of, regardless of the time frame.
- 1 year ago
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Jennifer Schill
Keller Williams Brazos West
Texas has required disclosure forms for property conditions. A good real estate agent will be familiar with these forms and insist you fill them out truthfully and fully.
- 1 year ago
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John Dean
Engel & Volkers
There should be clarity on any issues with a home. Disclosure is the name of the game in MA and I would assume it would hold true in any market. Fail to disclose could cause massive legal issues. Disclose .. disclose ... disclose.
- 1 year ago
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Lisa Bolanos, JD
Elevate Realty
The rule is disclose, disclose, disclose. Generally, as homeowners, we are aware of any defects in or outside of our home.
I managed litigation for real estate errors and omissions insurance. The most common case was based on a failure to disclose. I absolutely recommend disclosing anything including any insurance claims whether they were 20 years ago. You don’t want to find yourself in a lawsuit.
- 1 year ago
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