When you are selling a home, you have to be honest about any problems it may have—not just because it’s the right thing to do, but because it’s the law. You can’t just tell somebody that nothing is wrong with your house only for them to find out that the entire roof needs to be replaced a month into owning the property.

selling a homeWhat information are you required to disclose by law?

For the most part, you are only required to disclose any information that you know about. This means that if you had no idea that your roof needed to be replaced, then it was up to the buyer to identify that problem via a home inspection. However, depending on the state, you may be required to to search for certain problems yourself. This means if the buyer finds out about the problem that you were required to find out about but didn’t, you may be required to pay the buyer compensation.

Disclosure of any deaths that occurred on the property in the past depends on the state as well. Some states require you to disclose unnatural deaths that may stigmatize the house due to the psychological damage it inflicted on the property, while peaceful deaths may not have to be disclosed unless asked for.

There is also a federal law known as the Residential Lead-Based Paint Hazard Reduction Act that requires you to disclose information about all lead-based paint and hazards on your property if your home was built before 1978.

It’s a good idea to have a professional inspection done yourself in order to find out if there’s anything you need to disclose. This will help to build trust with your buyers. For more advice on selling a home, contact Randy Lindsay today.

MY BIO

Randy has enjoyed over 27 wonderful years in the Real Estate industry making dreams come true for homeowners.

Superior customer service is #1 to Randy and he provides this to all of his clients using knowledge, professionalism, integrity and persistence.

Randy is a successful and experienced real estate agent who expertly represents both buyers and sellers. Scores of Charlotte area residents have trusted Randy in the process of listing their homes to sell.

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Real Estate in Rock Hill,

Fort Mill and surrounding

York county

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1425325
"Randy was very easy to work with. He was open and honest, and always there to answer any questions or concerns we had. He was available and worked ... more "
5.0/5.0
by Diana Holliday
1422016
"My wife and I worked with Randy to sell our home located in the Lake Wylie area. Great job of preparing the information and advertising for the ... more "
5.0/5.0
by Bruce Dycus
1421990
"Randy actually helped us sell our old house and buy our new house. He was honest and hardworking and sold our home in a week. We were pleased with ... more "
5.0/5.0
by Jennifer Tobin
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