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Further, any person - regardless of whether they own any interest in the subject property - is liable in fraud for a false statement, misstatement, failure to disclose, or incomplete disclosure.
A suicide is a stigma on the property, but stigma does not have to be disclosed by the seller in Alabama. The other choices are all required disclosures.
Alabama Buyers Shouldnt Rely on Seller Disclosure Alabama is one of the three caveat emptor states. Alabama law requires all buyers of used real estate to inspect or have inspected all aspects of real property prior to closing on the sale.
As the Alabama code stated, the seller is required to disclose known defects to the buyer if a fiduciary relationship exists between the parties. Cato v. Lowder Realty Co., 630 So.
The answer is only residential properties. Most seller property disclosures are required for only residential properties.
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The seller is not required to disclose issues of which the seller is unaware as the law places the burden of discovery on the buyer. The buyer has the sole responsibility of obtaining inspections from licensed inspectors or other qualified professionals prior to completing the purchase of the property.
Sellers disclosure forms arent required in Alabama. Caveat emptor means that a house seller need not inform the buyer of negative issues or risks pertaining to the house or property, with only a few exceptions.
Generally speaking, trustees sales, probate sales, and foreclosures sales are exempt from the California statutory disclosure requirements. All sales, however, are subject to the disclosure requirements under California common law.
The seller must disclose material defects of which he has actual knowledge. The Act does not obligate the seller to make any specific investigation or inquiry in an effort to complete the disclosure statement.
The Property Condition Disclosure Act requires the seller of residential real property to cause this disclosure statement or a copy of thereof to be delivered to a buyer or buyers agent prior to the signing by the buyer of a binding contract of sale.

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