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Is NJ a full disclosure state?

Although there is no state law that requires that the seller is required to disclose the New Jersey real estate disclosure form to the buyer, property disclosure is still mandatory. A seller has a duty to disclose to prospective buyers about known, latent (concealed) material defects in the property.

Do you have to disclose a death in a house in NJ?

Thus, under New Jersey law, a seller does not have to disclose a murder, death, suicide, or haunting. However, if a buyer asks explicitly, and a seller has knowledge of such an event, then he or she should disclose it, but only if asked.

Is sellers disclosure mandatory in NJ?

New Jersey Sellers Must Disclose Known, Latent, Material Defects. In order to protect buyers from unwittingly purchasing real estate with hidden defects, a New Jersey home seller has a duty under the common law to tell prospective buyers about known, latent (concealed) material defects in the property.

What has to be disclosed when selling a house in NJ?

New Jersey Sellers Must Disclose Known, Latent, Material Defects. In order to protect buyers from unwittingly purchasing real estate with hidden defects, a New Jersey home seller has a duty under the common law to tell prospective buyers about known, latent (concealed) material defects in the property.

Is New Jersey a caveat emptor state?

Div. 1926) (The doctrine of caveat emptor is applicable to the purchase of [New Jersey] real estate, and is applied as well in equity as at law.).

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