SELLER'S DISCLOSURE STATEMENT Page 1 of 2 - Lansing ... 2025

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The Seller's Disclosure Statement for Michigan is a legal document that outlines the condition of a property being sold, as required by the Seller Disclosure Act. It includes information about the property's systems, appliances, and any known issues or hazards. The seller must disclose all known conditions affecting the property but does not provide warranties or guarantees regarding its condition. Buyers are advised to conduct their own inspections and seek professional advice.
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  1. Click ‘Get Form’ to open the SELLER'S DISCLOSURE STATEMENT in the editor.
  2. Begin by entering the property address in the designated fields, including street, city, village, or township.
  3. Carefully read the purpose of the statement and ensure you understand that this is a disclosure of property condition as per the Seller Disclosure Act.
  4. In the 'Seller’s Disclosure' section, answer all questions truthfully. If certain items do not apply, select 'NOT AVAILABLE'; if unsure, choose 'UNKNOWN'.
  5. For appliances and systems listed, indicate their condition by selecting 'Yes', 'No', 'Unknown', or 'Not Available' as applicable.
  6. Complete additional sections regarding property conditions such as basement evidence of water, insulation type, roof leaks, and any known environmental hazards.
  7. If necessary, attach additional sheets for explanations and ensure your signature is included at the end of the document.

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When Is a Sellers Disclosure Not Required in Texas? Every rule has exceptionseven in Texas. You dont need a sellers disclosure when you sell or give a house to your kids (such as in a will), your spouse (such as part of a divorce), someone you already co-own the house with, or the government.
Michigan Sellers Disclosure Exemptions Sr. No.Exemption6.The transferee is a spouse or a person in the lineal line of consanguinity7.Transfer arising from a divorce, maintenance or property settlement between spouses8.The transfer is made to or from a government entity6 more rows 13 Feb 2023
Sellers Disclosure Statement: Tips for Sellers and Buyers.

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People also ask

Before selling residential property in Michigan, a seller is required by law to tell the prospective buyer certain things about the propertys physical condition. (This comes from the Michigan Seller Disclosure Act.)
Before selling residential property in Michigan, a seller is required by law to tell the prospective buyer certain things about the propertys physical condition. (This comes from the Michigan Seller Disclosure Act.)
The Michigan Seller Disclosure Act requires the seller (or the sellers agent) to provide a written Sellers Disclosure Statement (SDS) to the prospective buyer (or prospective buyers agent) before execution of a binding purchase agreement for the property.
If the seller intentionally misrepresents or withholds information on the disclosure statement, you may pursue legal action against the seller for fraud or misrepresentation.
The Michigan Seller Disclosure Act requires the seller (or the sellers agent) to provide a written Sellers Disclosure Statement (SDS) to the prospective buyer (or prospective buyers agent) before execution of a binding purchase agreement for the property.

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