Property condition
Clear description of known structural, pest, roofing, or systems issues including location, extent, and dates of discovery and repair.
Providing a clear disclosure reduces legal risk, promotes transparency between parties, and helps avoid post-closing disputes or claims of concealment. Many states require specific disclosures by statute or case law; accurate disclosure helps satisfy those obligations and preserves the enforceability of closing documents.
Each participant has distinct responsibilities: sellers supply facts, agents assist with completion and delivery, and buyers use the disclosure to decide on inspections and offers.
| Field | Configuration | Setup choice | Value |
|---|---|
| Signer authentication | Email link or SMS code |
| Required fields | Make name, address, defects required |
| Conditional fields | Show permit upload only when repairs noted |
| Notification settings | Auto-notify parties on completion |
Ensure chosen platforms preserve an immutable audit trail, allow export to common formats, and integrate with your transaction management and title systems.
Clear description of known structural, pest, roofing, or systems issues including location, extent, and dates of discovery and repair.
Disclose presence of lead, asbestos, radon, underground storage tanks, recent flooding, or other environmental hazards and any remediation.
List recorded easements, liens, pending legal actions, or restrictive covenants that materially affect use or transferability.
Provide details on major repairs, whether permits were obtained, contractor names, and attach invoices or permit numbers when available.
State age and condition of HVAC, water heaters, electrical panels, and built-in appliances that are included in the sale.
Affirmation by seller that information is true to the best of their knowledge and explanation of any limitations on knowledge.
Provide disclosures if contract requires pre-offer review or local practice mandates it.
Deliver disclosure when contract is executed if the contract references it.
Buyers may inspect and request corrections during inspection contingencies.
Retain signed disclosures as part of escrow/closing file per retention rules.
Late or missing disclosures can lead to remedies or extended cancellation rights.
Compile facts and supporting documents before listing or accepting offers.
Provide signed disclosure per contract or statutory timing requirements.
Buyers review disclosures and may request repairs or credits during contingencies.
Store final signed disclosure in the transaction file for the retention period.
| 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 plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
Using digital disclosures eliminated in-person handoffs and sped up escrow by days
BIS relied on standardized templates for consistent disclosures across portfolios