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Under California law, all material facts that affect the value or desirability of the property must be disclosed to the buyer.
Massachusetts is a caveat emptor state, which means the sellers are not legally required to divulge facts about the propertys condition. To determine property defects, the buyer has the responsibility to check the houses quality by hiring a home inspectoror asking the seller specific questions.
What must be disclosed? Under California law, all material facts that affect the value or desirability of the property must be disclosed to the buyer. There is no specific definition or rule on what is considered to be a material fact.
A Sellers Disclosure is a legal document that requires sellers to provide previously undisclosed details about the propertys condition that prospective buyers may find unfavorable. This document is also known as a property disclosure, and its important for both those buying a house and for those selling a house.
Massachusetts has a relatively light disclosure requirement. It is often referred to as a caveat emptor regime, or in plain English buyer beware. The two main disclosure requirements are confined to whether there has been lead paint used anywhere in the property and whether there is a septic system installed.
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Hiring a Real Estate Agent in Massachusetts You have the right to be represented by your own, buyers agent. Its worth taking advantage of this right, so as to have an agent who owes you and only you a fiduciary duty to act in your best interests and keep your personal wishes and information confidential.
Although a disclosure statement is not required, the state does mandate the disclosure of two types of information to any prospective buyer: the existence and hazards of lead paint, and the presence of a septic system on the property. Sellers in Massachusetts must disclose the presence of lead to prospective buyers.
Massachusetts has a relatively light disclosure requirement. It is often referred to as a caveat emptor regime, or in plain English buyer beware. The two main disclosure requirements are confined to whether there has been lead paint used anywhere in the property and whether there is a septic system installed.

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