State Laws
Buyers Beware – West Virginia is a “caveat emptor” state, which means that sellers are not obligated to disclose material defects to potential buyers. Consequently, the buyer will be responsible for investigating the condition of the property prior to the purchase.
West Virginia law does mention, however, that a licensed real estate agent may not mislead or lie to the buyer in order to influence the sale. (§ 30-40-19)
Required Disclosures (2)
Lead-Based Paint Disclosure – For the sale of any residence constructed before 1978, the seller must indicate the existence, if any, of toxic paint by providing the buyer with a lead-based paint disclosure.
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Residential Property Disclosure – Sellers can complete a property disclosure to notify buyers of the overall condition of the residence. State law does not require this form to be completed but is recommended as a sign of good faith by the seller.
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