You must sign and date these forms to authenticate your disclosures. The buyer also must sign and date the forms. Even if your state does not mandate a form, it’s important to get a receipt or legally approved document signed by the buyer, confirming they have agreed with and have knowledge of all relevant disclosures. You’ll have peace of mind, knowing you made a sale that both sides feel good about and that nothing will come back to haunt you.
POINTS TO REMEMBER
• When selling, you’re obligated to disclose any problems that could affect property value. • Your willing disclosure can facilitate a sale. • Check your state and local regulations for disclosure requirements and forms. • You should strongly consider getting an inspection, even if not required to do so.
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