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Required information to disclose when selling your home

On Behalf of | Jul 6, 2024 | Real Estate Law |

Selling a home in Florida involves disclosing specific information to potential buyers. Ensuring you provide accurate details can prevent future legal issues and build trust with buyers.

Structural and mechanical issues

Disclose any structural problems. This can include foundation cracks, roof leaks, or issues with the walls. Mention any mechanical defects in systems like plumbing, electrical, and HVAC. Buyers need to know if they’ll face significant repairs after purchase.

Environmental hazards

Florida environmental law requires you to inform buyers about environmental hazards. This includes mold, lead paint, asbestos, or radon gas. Transparency about these hazards ensures buyers are aware of potential health risks.

Water damage and flooding

Given Florida’s climate, disclose any past water damage or flooding issues. Inform buyers about previous insurance claims for flood damage. Also, inform them about any improvements made to mitigate future risks.

Pest infestations

Buyers must know about past or current pest infestations, including termites, rodents, or other pests. Real estate law requires disclosing such information to ensure transparency. Additionally, provide information on any treatments conducted to resolve these issues.

Homeowners Association (HOA) rules

If your property is part of an HOA, disclose the association’s rules, fees, and any ongoing disputes. Buyers should understand the HOA’s impact on their living situation.

Title issues

Disclose any title issues, such as liens or ownership disputes. Clear titles are essential for a smooth transaction.

Disclose relevant information when selling a home

Disclosing all relevant information when selling your home ensures a transparent transaction. It also helps buyers make informed decisions. Proper disclosure can prevent legal complications and promote a fair sale process.