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Minnesota Disclosure Statement Form

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[Music] hi i'm chad humor and i'm sarah Hubner with edina Realty and today we're going to talk about the sellers property disclosure statement there are really two types of disclosure statements in the state of Minnesota one of them is the sellers property disclosure statement which we refer to as the full disclosure and then there is an alternatives form which is a much more limited version which we only use in certain circumstances for the most part a traditional seller however will use the full property disclosure statement and this is a very lengthy 10 page document that just goes through everything that a prospective buyer would need to know about the condition of the property it will ask about the age of the roof whether the mechanicals and appliances are in working order and then there's also a section on the disclosure port if there is a private well and private septic system which if there are additional disclosures are required a couple years a

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