Disclosure Statement
A concise declaration where the seller or landlord reports known mold, moisture incidents, or prior testing—written plainly to reduce ambiguity and lay out material facts.
A clear disclosure reduces legal risk, sets buyer or tenant expectations, and informs negotiation about repairs or credits. It supports due diligence by preserving written evidence of known conditions and of the seller’s or landlord’s intent to disclose material facts about the property.
Several parties interact with mold disclosures during a sale or lease; responsibilities differ by role and by state law.
Retain copies with transaction records and share inspection reports or remediation receipts when available to support transparency.
A concise declaration where the seller or landlord reports known mold, moisture incidents, or prior testing—written plainly to reduce ambiguity and lay out material facts.
A dedicated section summarizing any professional inspections, identifying tester, date, methods used, and whether mold spores were quantified or only visual observations recorded.
Fields for describing corrective steps taken, names of contractors, dates, materials removed, and any clearance testing or verification results after remediation.
A checklist for attaching lab reports, invoices, before-and-after photos, and contractor warranties so documentation is physically or electronically linked to the form.
An acknowledgement area for recipients to confirm receipt, review, and understanding of disclosed conditions prior to signing or occupying the property.
Clear signature blocks for seller/landlord and buyer/tenant, including printed name and date fields that establish attribution and timing of the disclosure.
| Field | Configuration |
|---|---|
| Required Fields | Make seller name, property address, and signature required |
| Attachment Slot | Allow PDF upload for inspection reports |
| Signature Order | Seller signs first, then buyer or tenant |
| Authentication | Enable email or SMS code for signer verification |
Use an eSignature platform that supports PDF attachments, conditional fields, and reliable signer authentication for legal records.
Ensure the chosen provider supports retention of signed records and export in common formats for storage with closing or lease files.
| 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 | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
Provide disclosure to prospective buyers or tenants before accepting an offer where state law requires.
Disclose known mold conditions prior to signing purchase or lease agreements for clear notice.
Finalize remediation documentation and deliver proof before closing or move-in where repairs were agreed.
Schedule buyer inspections promptly to allow time for testing and remediation if needed.
Retain signed disclosure with closing or lease file according to retention policy.
A regional property manager standardized online disclosures for all rentals to reduce paperwork and speed move-ins.
A small real estate investment firm centralized disclosure and inspection attachments for each asset to simplify due diligence.