State Laws
Buyer Obligations – The buyer is responsible for inquiring about the following:[1]
- Whether the property has been impacted by suicide, homicide, or felony; or is
- In the vicinity of an offender.
Agent’s Responsibilities – A real estate agent must make “reasonable efforts” to give material facts about a property that may affect its value or desirability.[2]
Buyer Beware – Arkansas recognizes a caveat emptor rule which recognizes the seller’s right to hand over a property in an “as-is” condition. According to the Arkansas Real Estate Commission, there are no required disclosures by a seller/owner in a sales transaction.
Seller’s Disclosures (3)
 Lead-Based Paint Disclosure (conditional) – Federal law requires that sellers disclose the possibility of lead paint on a property built before 1978.[3]
Download: PDF |
 Lead-Based Paint Pamphlet (conditional) – Gives general information about lead-based paint for properties built before 1978.[4]
Download: PDF |
 Seller’s Property Disclosure Form (optional) – Although there are no regulations demanding a seller to disclose property defects, it’s common practice for the seller’s agent to include a property disclosure form in a residential purchase agreement.
Download: PDF |