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Disclosure Laws >What Sellers Might Disclose
Most states require a home seller to provide the buyer with some type of disclosure form. What might the seller have to disclose?
A Residential Property Disclosure Form requires the home seller to disclose facts about the home's heating, wiring or plumbing systems, including any defects that may exist, such as leaks in the roof or cracks in the foundation. If something in your home is not working properly or needs repair, you will need to either fix it or disclose the material defect to the prospective buyer. There are other disclosure forms, unique to each local area, that require sellers to disclose negative environmental factors or local building code issues. A lead-based paint disclosure form is required for homes built prior to 1978.
State legislatures and courts all over the country have passed laws regarding concealing defects from an agent or buyer. Ask your real estate agent about your obligations as a seller regarding disclosure.
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| Q |
On what famous American street can you find the most expensive retail space for rent anywhere in the world?
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| A |
Fifth Avenue, New York City, U.S.A. offers retail space for rent at the rate of $580 per square foot. |
 See More Real Estate Trivia > |
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The Kalinka Team
Coldwell Banker
180 Main Street
Madison, NJ 07940
Edwin's Cell: 973-670-8338
Beverly's cell: 973-222-9257
Email: Edwin.Kalinka@CBMoves.com
Email: Beverly.Kalinka@CBMoves.com
Buying and Selling in today's market is a Team effort. As Brokers, we pride ourselves on diligence, accountability, research and exceptional negotiating skills. With a combined 34 years experience in Real Estate and over 600 homes marketed and sold...we consider all our clients needs. Our backgrounds and life experiences include: Planning, Zoning, Construction, Standard Real Estate transactions, 1031 Exchanges, REO sales, Short Sales, and Foreclosures.
Our mission is to provide our clients with a positive experience when purchasing a home. Our responsibility is provide accountability and representation with each and every step of the process, whether it is buying or selling.
Please call or email us with questions you may have regarding real estate.       
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