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2001	4.1 Satisfied (45 Votes)

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What does property disclaimer mean?

(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property.

Do you have to disclose mold when selling a house in Maryland?

Under Maryland state law, when you sell a home, you're required to offer up any information you have in regards to latent damage. Latent damage refers to any issues that may not be obvious to the buyer, or have been a problem in the past. One such issue, and a major one at that, is the presence of mold.

What is a prop disclaimer?

Prop 65 is a unique California law requiring businesses to warn consumers against products that may contain quantifiable amounts of over eight-hundred possible chemicals, including lead.

Which must be disclosed to potential buyers?

You will need to include information about all appliances in the home, including which are included in the sale as well as whether they are operational. You will also need to disclose any room additions, damage, or neighborhood noise problems.

What is the Maryland residential property disclosure and disclaimer statement?

The relevant portion of the real property section of Maryland's Code, Md. Code § 10-702, requires sellers of residential real estate to complete a form\u2014known as the Residential Property Disclosure and Disclaimer Statement\u2014setting forth conditions and defects with the property.

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