Seller Disclosure Statement

A Seller Disclosure Statement is a document that a home seller provides to potential buyers, outlining known issues or defects with the property. It covers areas such as structural problems, repairs, or past damages, giving buyers important information to make an informed decision. This disclosure helps promote transparency and reduces potential legal disputes by clarifying the property's condition from the seller's perspective before the sale is finalized. It’s a standard part of the real estate transaction process that protects both parties by ensuring all material information about the property is shared openly.