Real Estate Disclosure Act

The Real Estate Disclosure Act requires sellers of residential property to provide potential buyers with key information about the property's condition and any known issues. This includes details about structural problems, environmental hazards, or previous damage. The aim is to promote transparency and protect buyers from unexpected issues after purchase. By ensuring that important facts are disclosed, the Act helps buyers make informed decisions and reduces the likelihood of disputes after the sale. Overall, it fosters trust in the real estate market by holding sellers accountable for the information they provide.