Almost every state in the U.S. requires both sellers and their agents to make disclosures about the condition of the for sale home. How you make these disclosures can move your transaction forward or land you in a lawsuit.
To avoid litigation when you sell your home, it's important to make a full and accurate disclosure about the condition of your property. When Realtors represent a seller, they typically use mandated forms from either their state or local association of Realtors.
Read More About the Dos and Don'ts
Source: By Bernice Ross, Thursday, July 16, 2009, InMan News