Property Identity
Street address, legal description, parcel or tax ID, and list of owners. Clear identification avoids ambiguity about which real property the disclosure covers and ties the statement to recorded title.
The disclosure clarifies known property issues, allocates risk between parties, and supports informed decision making during negotiation. Proper disclosure reduces surprise remediation costs and legal exposure for the seller and buyer.
Typical participants complete, review, or receive the disclosure at different stages of a sale.
Roles vary by jurisdiction; always confirm which party is responsible under state statute or local MLS rules.
Street address, legal description, parcel or tax ID, and list of owners. Clear identification avoids ambiguity about which real property the disclosure covers and ties the statement to recorded title.
Detailed descriptions of material defects (roof, foundation, HVAC, plumbing, pests) and the date discovered. Specificity reduces later disputes about whether an issue was known before sale.
Information on prior flooding, lead paint, asbestos, underground tanks, mold, or other hazards. Disclosure of environmental facts influences inspections, insurance, and lender underwriting decisions.
Outstanding liens, easements, zoning violations, boundary disputes, or pending litigation affecting title or use. These items can materially affect marketability and close timelines.
Records of completed repairs, repair receipts, and any seller promises for future remediation. Include contractor names and dates to support buyer verification.
Seller signature block, date signed, and broker acknowledgment where required. Signed records create an evidentiary trail for intent and attribution under electronic signature laws.
| Field Mapping | Define required fields, data types, and validation rules. |
|---|---|
| Signer Order | Choose sequential or parallel signing based on practice. |
| Reminders | Set automatic email or SMS reminders for outstanding signatures. |
| Attachments | Allow PDF/IMAGE uploads for supporting evidence. |
| Audit Trail | Enable timestamps and IP capture for each action. |
Use a platform that secures data in transit and at rest and provides a complete audit trail for legal and lender review.
Confirm the vendor supports ESIGN/UETA compliance, offers document retention capabilities, and integrates with your MLS, title, or transaction management systems for efficient routing.
Some states expect disclosures before or at offer submission.
Buyers typically have a set window after disclosure to inspect.
Contractual date to agree on repairs or credits.
Provide final disclosures to title and escrow before closing.
Keep transaction records per regulatory and brokerage rules.
Seller compiles records and completes disclosure before active marketing.
Buyer reviews disclosure during offer evaluation and inspection planning.
Buyer and seller negotiate repairs or credits based on disclosed items.
Final review and delivery of disclosures to closing agents and lenders.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes (Business Premium) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |