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What do house sellers have to disclose?

What Do House Sellers Have to Disclose? The main point to bear in mind is that you need to be honest and disclose all known information about the property, both positive and negative. Secrecy and deceit are not permitted under any circumstances and may even lead to prosecution.

Is Indiana a sales disclosure state?

The State of Indiana requires the filing of a sales disclosure form (SDF) whenever real property is sold. The primary use of these data is to help determine the annual market-based adjustments of assessed property values.

Is Indiana a sales disclosure state?

The State of Indiana requires the filing of a sales disclosure form (SDF) whenever real property is sold. The primary use of these data is to help determine the annual market-based adjustments of assessed property values.

Is Indiana a full disclosure state?

Indianas Residential Real Estate Disclosure Law, Indiana Code 32-21-5-2 requires the property seller to complete the Disclosure Form, which is available on-line. Most realtors are familiar with this form and have one readily available.

Does Indiana require a sellers disclosure?

Indiana law (IC 32-21-5) generally requires sellers of 1-4 unit residential property to complete this form regarding the known physical condition of the property. An owner must complete and sign the disclosure form and submit the form to a prospective buyer before an offer is accepted for the sale of the real estate.

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