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Seller and Property Information Report - Vermont Legislature

Seller and Property Information Report - Vermont Legislature 2025

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The document is a Seller's Property Information Report that requires the seller to disclose details about the property, including its condition, systems, and any known issues. It emphasizes that the seller's knowledge is based on personal experience and does not constitute a warranty. The report includes sections on land conditions, mechanical systems, structural components, water supply, sewer systems, and additional property information. It also advises potential buyers to conduct their own inspections.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I access seller disclosure?

You can get the form from a buyers or sellers agent or real estate attorney. While the disclosure form will vary in format, it may contain the following: List of specific issues the homeowner must check off if the home has them.

Is it bad if there is no seller disclosure?

In most states, by law, you have to disclose any issues with the property. By not disclosing, you open yourself up to lawsuit.

What is the sellers property information report in Vermont?

In Vermont, the Realtor Association provides a helpful tool for this process: the Sellers Property Information Report (SPIR). This report is a comprehensive checklist that covers various aspects of the property, ensuring sellers dont overlook any critical details.

Is Vermont a disclosure state?

However, Vermont law requires that certain issues affecting your property be disclosed to prospective buyers, particularly if you use a real estate agent. While Vermont does not have a comprehensive disclosure law like most other states do, there are various rules for you, as a home seller, to keep in mind.

What are most seller property disclosures required for?

Sellers are required to disclose property information to the realtor and potential buyers based on state and local laws. A disclosure document details a propertys condition and what might negatively affect its value. Sellers who willfully conceal information can be sued and potentially convicted of a crime.

What is a sellers report?

The Sellers Report is an ideal listing presentation. It contains detailed property information for a specific property, including an estimated value, local market statistics, recommended pricing strategy, sellers proceeds worksheet, and recent market activity within the subject property zip code.

What is the sellers property disclosure statement used to disclose?

Repairs Made And Repairs Needed In addition to discussing renovations or remodeling projects that have been completed, Sellers Disclosure statements often contain a report of all of the repairs that have previously been made on a given property. This information can include the history of: Roof s or leaks.

What is included in a property report?

A property report provides comprehensive details about a property, including its address, the names of the current owners, a physical description of the building or site (including its layout and design), improvements and additional structures, its history, sales and listing activity, local market statistics,

Seller and Property Information Report - Vermont Legislature 2025

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