What Are Material Facts and Home Disclosures?

By law, real estate agents cannot fill out any sellers' home disclosures unless the agent is the seller or a party to the transaction. However, that doesn't stop some naive agents from completing disclosures on behalf of their clients and opening themselves up for potential lawsuits. After all, it's mostly lawsuits that have prompted the creation of many of the disclosure forms agents ask sellers to complete. If your agent can't tell you, ask a lawyer if you need to sign every disclosure handed you.

Federal Disclosures
Every state has its own laws regarding disclosures, so the forms will vary depending on where you live. Download Sellers' Disclosures.

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