Home sellers must disclose, in writing, any material details of the property that might affect the attractiveness of the property to potential buyers. “Material” details include any information about the property’s walls, ceiling, floors, insulation, roof, windows, doors, foundation, driveways, sidewalks, fences, electrical systems, plumbing systems or other structural components. Not including even one such detail may result in serious consequences for the seller. A general rule of thumb is that if you’re unsure about including a certain detail, you should disclose it anyway. This task is usually done through the completion of a “Transfer Disclosure Statement” or “TDS” form which can be obtained through a real estate broker.
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