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Protecting Yourself With a Real Estate Disclosure Form

In Pennsylvania, Sellers of homes are required to provide prospective Buyers with a fully completed Real Estate Seller Disclosure Form. It is critical to take time to fill out this form and disclose all defects with your home relating to the topics covered by the form. If the sale of the house is completed, and you failed to disclose a defect in your home that you had knowledge of, you may be liable for the cost to repair the defect as well as attorney’s fees and other damages. However, if you disclose the defects prior to the sale of the property, then you will not be liable to the Buyer(s) if they decide to proceed with the purchase of the home without addressing the specific defects that you listed on the Real Estate Seller Disclosure Form. You can view a sample of the form via the Pennsylvania Association of Realtors here.

Call 724-375-6683, or email me at CWMcMillen@personallaw.com for a consultation.