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Duty to Disclose

2 Posts
1 Sections
1 Types

January 1, 1 6 min read Definitions

Disclosure Statement

Disclosure Statement Property Condition Legal Requirement Real Estate Transaction Buyer Information Duty to Disclose Time-Share

A Disclosure Statement is a legally required document in real estate transactions that compels sellers to reveal specific information about the property's condition and any material facts relevant to the transaction.

Read more about Disclosure Statement.

January 1, 1 6 min read Definitions

Duty to Disclose

Duty to Disclose Real Estate Law Property Disclosure Seller Obligations Buyer Awareness Broker Responsibilities Agent Duty Property Condition

Duty to disclose refers to the legal obligation of a seller, broker, or agent to inform a prospective buyer or interested party about any negative condition or material fact that could influence the property's value or a buyer's decision.

Read more about Duty to Disclose.