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What do realtors have to disclose in Virginia?

Virginia law does not require a real estate agent to disclose any information other than reading the buyer their rights under the state laws.

What is a form of disclosure?

What is a Disclosure Form? A disclosure form is a formal document that contains all the terms, conditions, assets, risks, and liabilities associated with a specific contract or agreement.

What does RPD stand for in real estate?

13.04. RPD RESIDENTIAL PLANNED DEVELOPMENT DISTRICTS. SEC. 13.05.

Does Virginia require sellers disclosure?

You, as the seller, must provide your signed disclosures to the buyer before accepting the purchase offer and signing onto a binding contract. If a seller fails to do this, the buyer may void the contract within days of receiving the disclosure. (For details, see Code of Virginia 55-1-709.)

What does a seller have to disclose in Virginia?

Virginia Follows a Rule of Caveat Emptor In most states, sellers are required to inform the buyer of known defects of the house and must fill out a fairly long document that indicates many possible issues (such as a leaky roof, or a land dispute.

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