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Florida case law provides that, with some exceptions, a home seller must disclose any facts or conditions about the property that have a substantial impact on its value or desirability and that others cannot easily see for themselves. This originally came from the court case of Johnson v. Davis, 480 So.
Sellers Disclosure Notice | TREC.
3. Do VA appraisers know the selling price? Yes. When a VA appraisal is ordered by the lender, they are provided a copy of the executed sales contract.
Sellers are usually required to provide disclosure statements within a week of accepting an offer. Some sellers even make them available during home tours.
Property sellers are usually required to disclose negative information about a property. It is usually wise to always disclose issues with your home, whether you are legally bound to or not. The seller must follow local, state, and federal laws regarding disclosures when selling their home.
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Most Common Disclosures in Real Estate Natural Hazards Disclosure. First on the list is the natural hazards disclosure. Market Conditions Advisory (MCA) Market Conditions Advisory, also known as MCA, covers items more financial in nature. State Transfer Disclosure. Local Transfer Disclosure. Megans Law Disclosures.
the presence of nearby registered sexual offenders. whether the property is in a dam break inundation zone. the presence of any wastewater system on the property. any right to or use solar energy collection devices on the property.
The seller must disclose all known material facts about the property that could reasonably influence a buyers decision to buy. The listing agent should give the seller a Seller Property Disclosure Statement to fill out at the initial listing appointment.

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