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SELLERS PROPERTY DISCLOSURE STATEMENT CONDOMINIUM Form

SELLERS PROPERTY DISCLOSURE STATEMENT CONDOMINIUM Form

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[Music] hi fellow agents my name is Lori Campbell and I am the 2023 president-elect for GL VR today I am here to talk about the seller's property disclosure as you know the seller should be the only party filling out the disclosure you as the realtor should not help or coach them it is important to remind sellers that when they check yes to any item they need to fill in an explanation of the issue at the end of the section or paragraph We often see these areas left blank on the form which requires the buyer's agent to try to contact the listing agent who then needs to contact the seller for an explanation and revision to the disclosure making sure the information is complete before putting it on the MLS would help avoid this Chase for information in this market buyers often waive inspections and many times rely on the property disclosure for the condition of the property while agents aren't liable for latent defects they can be liable for conditions that are eas

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