Documents & Files
Selling a home can be a complex process, and it's important to have all the necessary paperwork in order. From disclosure forms to purchase agreements, there are several essential real estate forms and documents that you'll need to have on hand. Here's a guide to help you get prepared for the sale of your home.
The property disclosure form is a legal document that requires the seller to disclose any known defects or issues with the property. This includes things like leaks, structural damage, and any other problems that could affect the value or safety of the home. It's important to be honest and thorough when filling out this form, as failing to disclose known issues could lead to legal trouble down the line.
If your home was built before 1978, you are required by law to provide a lead-based paint disclosure form to potential buyers. This form informs buyers about the potential hazards of lead-based paint, which was commonly used in homes before it was banned due to health concerns. The form must be signed by both the seller and the buyer, and it's important to keep a copy for your records. Failure to provide this form can result in legal consequences, so make sure to include it in your list of essential real estate forms.