Property Condition Discovery and Disclosure Compliance

Course overview

The most basic definition of disclosure is to reveal something that was hidden. In real estate, sellers are required to disclose property defects that are visible or hidden if there is a possibility that knowledge of the defect will have an impact on a potential buyers purchasing decision. Completing the disclosure process as required by federal and state laws and regulations is imperative to the soundness of a signed purchase agreement and buyer satisfaction. This course will cover key information to ensure you are better able to fulfill an agents duty of disclosure for both seller and buyer clients.