State Laws
Seller Duties – The seller is required to complete a property disclosure statement in “good faith”[1] and deliver it in person or by mail to the prospective buyer or their spouse[2] prior to signing the purchase agreement.
Buyer’s Right to Terminate – If the property disclosure statement is delivered after the execution of the agreement, the buyer has three days after delivery in person or five days after receiving it by mail to terminate their offer.[3]
Certain Disclosures Not Required – The seller is not required to disclose whether the property was the site of a homicide, death, or felony, unless the felony involved an illegal drug activity affecting the physical condition of the property or its environment.[4]
Seller’s Disclosures (3)
 Seller’s Property Disclosure Statement – The seller must provide the buyer with details about the property’s utilities and condition.
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 Lead-Based Paint Disclosure – If the residence was constructed before 1978, the seller is required to provide the buyer with a written statement disclosing the use of any lead-based paint on the property.[5]
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 Lead-Based Paint Pamphlet (conditional) – Gives general information about lead-based paint for properties built before 1978.[6]
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