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Michigan seller's disclosure

Sellers disclosure michigan 2026

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The Seller's Disclosure Statement is a legal document required under the Seller Disclosure Act in Michigan, outlining the condition of a property being sold. It includes disclosures about known issues with the property, such as water damage, roof leaks, and environmental hazards. The seller must provide accurate information based on their knowledge and is not liable for warranties or inspections. Buyers are advised to conduct their own inspections and seek professional advice regarding the property's condition.

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Click ‘Get Form’ to open the Seller’s Disclosure Statement in the editor.
Begin by entering the property address, including street, city, village, or township. This information is crucial for identifying the property in question.
Carefully read the purpose of the statement and ensure you understand that this document discloses the condition of your property as per the Seller Disclosure Act.
Proceed to answer all questions in the disclosure section. If certain items do not apply, select 'NOT AVAILABLE' or 'UNKNOWN' as appropriate.
For appliances and systems, indicate whether they are in working order by selecting 'Yes', 'No', 'Unknown', or 'Not Available'.
In the property conditions section, provide detailed explanations for any known issues such as water damage or electrical problems. Attach additional sheets if necessary.
Finally, review your entries for accuracy and completeness before signing and dating the document at the bottom.

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Is it a red flag if there is no seller disclosure?

Comments Section Depending on your state there are a variety of reasons why a seller wouldnt have to provide a disclosure. An estate, for instance. Rental property. Foreclosure. Vacation home. Not necessarily a red flag. It give the buyer the right to cancel the contract for any reason.

What does it mean if there is no seller disclosure?

Sometimes, a home is sold without a formal disclosure form. This is known as a no seller disclosure sale and can happen in specific situations, such as: Foreclosures or bank-owned properties. Inherited or estate sales. Transfers between spouses or family members.

What to put on sellers disclosure?

While specific disclosures are dependent on state and local law, sellers are typically required to list any completed repairs, information about natural hazards, property defects, missing essentials, land-use limitations, HOA guidance, deaths on the property, and any other conditions that might negatively impact the

What does a seller disclosure mean?

In California, sellers must provide a Transfer Disclosure Statement (TDS) to any potential buyer whose offer has been accepted. This form asks specific questions about defects or malfunctions the seller may be aware of.

What is disclosed on the sellers disclosure notice?

Sellers in California must disclose, in writing, a long list of specific types of disclosures, including: A standard disclosure statement that includes anything related to the condition of the property, like HVAC, gutters, appliances, windows, sump pumps, garage doors and more.

seller disclosure michigan

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What is a no seller disclosure?

Sometimes, a home is sold without a formal disclosure form. This is known as a no seller disclosure sale and can happen in specific situations, such as: Foreclosures or bank-owned properties.

Is a sellers disclosure required in Michigan?

Before selling residential property in Michigan, a seller is required by law to tell the prospective buyer certain things about the propertys physical condition. (This comes from the Michigan Seller Disclosure Act (1994).)

What are the consequences of not disclosing information?

Failure to disclose material facts can result in legal claims against sellers, agents, or brokers. These lawsuits often seek compensation for financial losses, punitive damages, and legal fees, leading to substantial consequences.