Required Property Disclosures

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  • Most states require sellers to provide you with some form of property disclosure telling you about serious defects that they know of in the home and property.


    How Property Disclosures Work

    If required in your area, here are some common types of questions that sellers may have to answer:

    • Do you have the legal right to sell this property? Yes, some people have tried to sell property that they don’t own!
    • Has the roof ever leaked? Often roofs don’t get replaced until they leak.
    • Are there any moisture problems in the home or basement?
    • Are there any agreements for shared maintenance of roads, landscaping, buildings, etc.?
    • Are there Covenants, Conditions & Restrictions? (CC&Rs or rules for the neighborhood or complex)
    • Have there been any problems with the land shifting? (erosion, flooding, land slides, etc.)
    • Has there been any remodeling or additions? Were permits issued? Many homes are remodeled without proper permits.
    • Are there any boundary disputes with neighboring properties?
    • Do you know of any hazardous substances in the property? (asbestos, lead paint, etc.)
    • Are all the electrical, plumbing, heating, etc. systems in good working order?

    Don’t rely on Property Disclosures. A home inspection is the most reliable way to find out about problems.

    The property disclosure statement is just a starting point to investigate anything that concerns you. A seller can claim that they didn’t know about certain problems with the home, so a home inspection is your chance to get an accurate picture of the condition of the home.  See What to Inspect When You’re Inspecting.

    A Property Disclosure Statement typically does not require sellers to disclose whether sex offenders live nearby.

    Thinking of buying a home in the Portland, Oregon area? Checkout our First Time Home Buying Classes!

    Required Property Disclosures, 4.5 out of 5 based on 2 ratings
    Required Property Disclosures was last modified: April 6th, 2012 by David Axness

    Choose a state from the drop-down menu for specific state information related to this lesson.


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