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The Property Condition Disclosure Act requires the seller of residential real property to cause this disclosure statement or a copy thereof to be delivered to a buyer or buyer's agent prior to the signing by the buyer of a binding contract of sale.
Transfers made by court order, default, divorce, and by government entities are exempt from the disclosure requirement. Sellers with exempt property should fill out an exemption certificate provided by the Delaware real estate commission.
What is a requirement of ALL levels of real estate licensure in Delaware? Be competent to transact the business for which the individual is licensed, and do so in a manner that safeguards the public's interests.
Delaware law requires that the seller of any interest in residential real property that includes a dwelling must provide the buyer with any information about any known radon. Sellers also must disclose any tests or inspections for radon in the seller's possession.
All real property sales in Delaware require radon disclosure; there are no exemptions.
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People also ask

If foreclosure or bankruptcy brought on by debt triggers the transfer of the property, no disclosure is required. 3. Divorce. If a property is transferred from one spouse to another during a divorce, no disclosure is required.
When you sell a real estate property in Maryland, you are required by law to make certain disclosures about its physical condition to the buyer. There are statutes in place which require you to disclose what are called 'latent defects' to the buyer. Failing to do so can open you up to lawsuits from the buyer later on.
For Kent County the percentage considered elevated is 10% with ZIP code areas ranging from less than 1% to 13%. For Sussex County the percentage elevated is 2.4% with ZIP code areas ranging from less than 1% to 6%. In Delaware there are two general areas that exhibit the highest potential for elevated radon in homes.
Is Delaware a disclosure state? Yes; in Delaware, home sellers are required by law to disclose the condition of their home. If you're preparing to sell your home, you may be wondering what your legal obligations are when it comes to disclosure.
There are a number of exemptions under the Act, for example, transfers pursuant to court order, to or from a mortgagee, during the administration of an estate, to a co-owner, to a legatee under a will or an heir, to a spouse or lineal relatives, from a relocation company, or to or from a governmental body.

delaware disclosure form