Residential Property Condition Disclosure Act

The Residential Property Condition Disclosure Act requires sellers of residential properties to provide potential buyers with a written report about the property's condition. This disclosure covers known issues or defects related to the property’s structure, systems, and components, helping buyers make informed decisions before purchasing. The goal is transparency, reducing surprises or hidden problems after the sale. Sellers are typically obligated to disclose known issues, and buyers can request this information to assess the property's condition and negotiate repairs or price adjustments accordingly.