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Florida case law provides that, with some exceptions, a home seller must disclose any facts or conditions about the property that have a substantial impact on its value or desirability and that others cannot easily see for themselves. This originally came from the court case of Johnson v. Davis, 480 So.
Florida case law provides that, with some exceptions, a home seller must disclose any facts or conditions about the property that have a substantial impact on its value or desirability and that others cannot easily see for themselves. This originally came from the court case of Johnson v. Davis, 480 So.
The PDS can give potential home buyers an insight into the condition of the property and anything that may negatively affect the home's value. The PDS allows the seller(s) to disclose details about their home to prospective purchasers.
CORAL SPRINGS, November 21, 2016 \u2013 Florida law requires the seller of a residential property to disclose to the buyer facts materially affecting the value of the property which are not readily observable and unknown to the buyer.
While a seller's property disclosure form is not required under Florida law, Florida law does require seller's and their realtors to disclose any significant property defects that may not be easily visible to the buyer. Buyers still have the responsibility to have the property inspected.
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Under Florida law, a Seller will not be held liable for everything he/she fails to disclose to a buyer. Only \u201cmaterial\u201d misrepresentations will support a fraud claim. Additionally, the damage to the value of the property must be proven; it can't be speculative or subjective.
In Florida a seller of residential property is obligated to disclose to a buyer all facts known to a seller that materially and adversely affect the value of the Property being sold which are not readily observable by a buyer.
Notice to Seller: Florida law1 requires a Seller of a home to disclose to the Buyer all known facts that materially affect the value of the property being sold and that are not readily observable or known by the Buyer. This disclosure form is designed to help you comply with the law.
In Florida a seller of residential property is obligated to disclose to a buyer all facts known to a seller that materially and adversely affect the value of the Property being sold which are not readily observable by a buyer.
With that governance, all realtors in Ontario have an ethical obligation to disclose the existence of stigmas concerning the home such as a murder, suicide, drug lab, brothel, death by natural causes or even paranormal activity. They are obligated to tell you the buyer before you put in your offer.

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