seller lied on property disclosure statement north carolina
Codified as North Carolina G.S. Use professional pre-built templates . 0000006655 00000 n 0000198930 00000 n If there are zoning restriction or anticipated changes in zoning. forms. Buyer agents will have them signed and included with any offer. Remember, while the disclosure statement protects buyers, it is also meant to protect the seller from litigation should the buyer wish to sue for non-disclosure of something. 0000005809 00000 n This federal law requires the sellers of residential real estate to complete the Lead-Based Paint Disclosure NC Form to provide the potential buyer with any information on lead-based paint hazards from risk assessments or inspections. Chad Felter -- in North Carolina sellers and their agents are obliged by law to get as much information as possible and to disclose it. If you're soon to be on the market, or currently selling your North Carolina home, you should know that there are state-specific disclosure you will have to make to potential buyers. A disclosure statement is not required for some transactions, including the sale of a newly constructed dwelling which has never been inhabited and a lease with option to purchase where the lessee already occupies the dwelling. RALEIGH (WTVD) -- As a general rule, whatever you "disclose" about your house has to be correct. Y,pz Disclosures are a way of achieving all of these and thereby enhancing your credibility. Note: For some transactions, this Disclosure Statement is not required. 409 Washington Ave, Brokers have to disclose if a previous seller has severed any rights, the current seller has already severed the oil and gas rights, or a seller intends to sever them upon sale. This form is used to reveal any pertinent information regarding the condition of the property. The Wild Secrets Buyers Learned About Their Homes After the Deal Had Closed, The Ultimate Real Estate Glossary for Homebuyers. 0000005663 00000 n The main object of disclosures in any area is to give clarity and perspective to a buyer. residential real property must be notified that such property may present Applicability and Construction of Act. July 1, 1995. Experts said lawmakers were trying to destigmatize a property with a violent or unsavory history. Worry not! Whitney, LLP has been successful in bringing fraud claims in real estate cases. 0000165711 00000 n Thats when you may land in a courtroom, buta lawsuit could still be avoided, says Zuetel. #sellerdisclosure #sellingahouse #buyingahouse #kel. paint or chipped paint in any property built before 1978. 0000074761 00000 n Water damage. Enter your zip code to see if Clever has a partner agent in your area. And I can tell you that the State is not very kind to agents in those cases. residential property disclosure form. This is to protect buyers by ensuring they aren't hit with a surprise problem after purchasing the home. One of the biggest mistakes a seller can make is not giving disclosures at all. No, North Carolina Seller Disclosure Laws do not require disclosure of the occurrence of prior death in the house. These minerals or materials could be extracted directly from the surface of the property or from a nearby location, even if the property is sold to a new owner. She writes and photographs people from her home in upstate New York. What is a Seller Disclosure Statement? Under North Carolina law, that is enough. The amount you sue for can include damages for the difference between the amount that the buyer paid and thefair market valueof the property at the time of the sale, Zuetel says. 0000001276 00000 n Even a slight mistake could end up costing a lot of money; a lot of stress; and, worst of all, tarnish your reputation . 21 0 obj <> endobj Federal seller's disclosure requirement. Click here to read reviews from our past clients, and click here to read about some of our past settlements and a jury verdict where we represented home buyers. Too Many Disclosures Giving You A Headache? H\0H%D!\-UBvKK;]36yQ~(m~y/rv:w\( M~wO:nt3Z&srem~;_l>*&]}}wJrf[kUkic{?=y6fyl's,#+s`V4T0V 22kXzsd3{dz<<>0detz8=NO,azGzGzGzGza}M7a}-`L12m@[-`x{@OGEOuuuuuuuuU5u45ozGu^)mmGR*WG#H?G#H?G#jU9/<3ar6v0a-'osy.vc'/Y8 )2 Seller Disclosure Deed. exposure to lead from lead-based paint that may place young children at risk of Facts . Brokers must also disclose asbestos, toxic mold, radon, and if a home was formerly used as a meth lab. Fourth, the law only applies to an owner-occupied principal residence. For example, if there was major damage to the foundation of the home, this is something that likely would have caused you to look elsewhere. H\j0l/'i\854Q)]XHbc?gC] You could still file a negligence lawsuit for the failure to disclose if you cannot prove intent to deceive you as the buyer, but the defect still should have been disclosed. Selling your house FSBO is usually good, but then you would have to deal with all the disclosures on your own. Selling A House In North Carolina:Know The Process To Sell Your Home In North Carolina. Most real estate lawyers recommend including contingencies in the residential property purchase agreement that will give buyers an out, and require any money held in escrow be returned to them (pending a review of the disclosures and the property). Our Blogs on Dealer Fraud Cases and Issues, Dealership Stole GAP Insurance or Warranty Money, Our Blog on Termite Damage Cases & Real Estate Issues, Our Blogs on Our False Imprisonment cases and issues. Create this form in 5 minutes! Thanks, Nestor & Katerina. Practicing law with integrity. The purpose of this is to ensure that buyers are not surprised by a problem in the home and to defend the sellers from legal proceedings. While a seller or broker do not have to mention sex offenders in the area, the information is made public on an online through the NC Sex Offender Registry. It's standard practice in real estate to give a home a fresh coat of paint before putting it on the market. Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRSCarolinas Realty Partners withColdwell Banker RealtyDirect: 704-779-0813Website: www.GreatHomesInCharlotte.comBlog:News You Can Use From The Greater Charlotte AreaSearch For All Charlotte Area Homes:www.GreatHomesInCharlotte.com, Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007. If your house sale falls through because of repairs. 5. This field is for validation purposes and should be left unchanged. The laws regarding disclosure forms or disclosure statements vary widely by state and change often. Thus, it has no This disclosure is required by law to be completed by sellers of real property and given to potential During the sale of a property, the seller will be presented with a property disclosure statement (PDS). 1. Someone dying in a home does not need to be disclosed during a sale: including suicides, accidents, or violent crimes (yes, even if it was murder). For legal advice see an attorney. 6. This means that if sellers have severed their mineral rights, the third party could potentially have the perpetual right to drill, mine, explore and remove any of the subsurface mineral resources on or from the property. Regarding questions on the residential property disclosure statement, the seller has checked all the boxes with "no representation." When the prospective buyer expresses interest in the home, what are Tony's obligations? North Carolina law requires sellers of residential real estate to furnish buyers with a Residential . This has been codified in state law . SHORT TITLE. 0000023495 00000 n Searching for the appropriate legal paperwork to fulfill your state law requirements has never been so simple. There are at least two reported decisions by North Carolina courts, including one by the North Carolina Supreme Court, holding that a seller of real estate is bound by his agent's material representations of fact to the same extent as if he had made them himself. Home brokers must disclose anything that may be a risk to the buyer's health and safety, including hazardous or toxic substances or environmentally hazardous conditions that affect the property. RESIDENTIAL PROPERTY DISCLOSURE STATEMENT INSTRUCTIONS TO PROPERTY OWNERS 1. The most common disclosures you'll find in a purchase agreement include lead-based paint hazard, asbestos, environmental hazards like high levels of radon, and natural hazards. c`q=sw]},s \HLk9Q%V1:Uev`j#'V(xU+Hg5>&3tWb6?m?# &}d %#l12hXbD2>zCe`yYrJ=G?|pj\7Rg:#d`H;S =! If there are any standing water or pest issues (termites), these must also be disclosed. The process can be complex, involving a lengthy search for homes in a desired location, securing financing from a lender, and devising a real estate purchase and sale agreement. All Rights Reserved - Privacy Policy | Terms & Conditions| Consent to Contact Customer | TREC Consumer Protection Notice | Information About Brokerage Services. Roof leaks. 0000007916 00000 n Houzeo has segregated all the disclosures state-wise so that you dont have to hunt for Tennessee seller disclosures separately. John Wait, Martin & Gifford, PLLC . Agents should make sure that . . Requirements When Buying a Property: We will need your completed disclosures in order to activate your flat fee MLS listing. North Carolina real estate law also stipulates that brokers must let you know about future construction projects and pending community litigation. The first would be a lawsuit for compensation for the damages that you incurred. 0000008489 00000 n 0000133461 00000 n We called our buyer's agent and she went to the seller's agent. The aim of Seller Disclosure is to maintain transparency in the real estate transaction to keep the buyer aware of any defects present in the house. Buyers should also be informed about the HOA's financial health. 9+W(%oue D'!qoN~ dK{xuBB &:?f5 X/+/"nj%w5+fIs-T*5Jw|i21sA2U:iMX+~8n eJ4WYfae\&/ IRPtGD*E2+EfxcgK9CSVpZ'(+JIrw43(/7N>"'Ce 1~j4hTqhRAe k0 7 }'T}]Z0 tg6#ODNZT[ O/2*@"/oq8D How To Sell A House By Owner In North Carolina: Are You Considering Selling Your House Without A Realtor? Brokers are required to disclose anything that could currently or potentially risk a buyer's health or safety. Note: If a home is listed on the MLS (the local Multiple Listing Service), the agent is responsible for accurate measurement. Using his best efforts to obtain the earned commission, the broker should, In North Carolina, oral buyer agency, A broker-in . However, there is another obligation many homeowners do not realize exists, especially those selling their home without the aid of a licensed real estate agent. These cases hold that the seller can be To cancel the contract, the purchaser must either personally deliver or mail the written notice of the cancellation to the owner or owners agent. Interested buyers may be anxious to close the deal as well, and may overlook minor issues. Real estate disclosure laws differ from state to state, but in most places in the U.S., it is the sellers duty in good faith to disclose info to aprospective buyer thatcould affect the property value, such as material defects. 0000005922 00000 n The form has a series of six questions that the seller must answer to disclose whether the mineral, oil, and gas rights for the property are owned by someone other than the seller. A disclosure statement must be In addition to the disclosure statement, real estate sellers must also disclose details about a propertys mineral, oil, and gas rights (if applicable). There are two possible remedies that you would be seeking in a lawsuit against the seller for lying about hidden defects. RELATED: The secret behind meth houses in North Carolina. While fire and flood hazards are requirements to share upfront, past flood or fire damage that has been completely repaired or fixed through remodels, are not requirements for a North Carolina disclosure agreement. See you in court! It is public policy that you be fully informed before you make the decision to purchase a home. Disclosures help communicate the defects present on the property. Heres how to find a real estate agent in your area.). Copyright 2023 WTVD-TV. The Great Lakes state of Michigan put real estate disclosure laws into effect in 1993. NOTE: North Carolina Consumers should discuss questions about disclosure with their professionals, attorney or real estate agent. perform all repairs that have already been negotiated and agreed upon by the parties. NC Real Estate Disclosure law mandates that sellers identify and disclose any known defects in their property before a purchase contract is signed. If your home was moved from one lot to another. Do we have legal recourse. Defects or malfunctions in the home's foundation, slab, fireplace, chimney, floors, windows, doors, ceilings, walls, garage, patio, deck, electrical system, plumbing system, heating and cooling system, sewage disposal system, TV cable wiring, ceiling fans, exhaust fans, irrigation system, garage door opener, pools, spa, etc., must be disclosed by a broker. If a seller is behind on mortgage payments, that remains their business. Real Estate Agent with Coldwell Banker Realty 179530, Real Estate News You Can Use From The Greater Charlotte Area, News You Can Use From The Greater Charlotte Area, required property disclsoures when selling in north carolina, why you need a realtor to help sell your home, Sweet Times Coming To Charlotte On March 5: 3rd An, Under Contract In Charlotte's Wendover Hill Neighb, Still Looking For A Charlotte Area Foreclosure Bar, Paws In The Park In Pineville, NC: April 2-2022, Why Is April 30 The PURR-FECT Day To Adopt A Shelt, Happy National Pet Parents Day To All The Pet Pare. Nina: This is excellent information for all North Carolina real estate sellers. Bill Roberts -- well at least that's one we don't have here--an earthquake disclosure--although I believe there are parts of NC that sit on some fault lines. Published by Cynthia Pela on March 6, 2017. North Carolina Seller Disclosures are meant to protect both sides of the home-purchase transaction, putting the buyer on notice and preventing the seller from being held liable for future problems. This information includes hazards, defects, and other various . Houzeos cutting edge technology automatically provides you with the necessary disclosures, curated to match your property and location. (b) The North Carolina Real Estate Commission shall develop and require the use of a mineral and oil and gas rights mandatory disclosure statement to comply with the requirements of this section. 0000171559 00000 n Towson, MD 21204 In filling out and reviewing the Seller's Property Disclosure Statement, most agents will gravitate to the flooding and water infiltration questions in Paragraphs 4, 6 and 16. Also, marking a certain disclosure clause as unknown shifts the burden on a buyer to inspect that particular problem. HWko."D%^hZ_XPtkdx8rd0lK9s[c\qc>/f:q0YIii6,r{{k~X|-gInfiNhh\sAvbvW_Fnp~&>D]Ic)\vOb!\nvcm>D'IS7:..oz:w77m[X21p(;wxx)g9>(xdcIj['d^X[X|a,qos1~Z,J9p. i+A1mp|:%_g'Q>1 North Carolina Seller's Real Estate Disclosure Statement Get detailed information and different kinds of documents on the US Legal Forms website. This field is for validation purposes and should be left unchanged. My agent did not disclose or fill out the blank line with a date for me to opt out if home is found to be in a flood zone. startxref 0000165362 00000 n Seller Disclosure Property Withheld Information. Normally, lawsuits result in monetary compensation, but if the lying and the home damage were bad enough, and the buyer requested it, a court could undo the whole transaction through that form of equitable relief. ", "The seller, in a private transaction, does have the option to opt out of disclosure," said Legal Counsel and Director of Regulatory Affairs for the North Carolina Real Estate Commission, Janet Thoren. If a home is located in a flood zone, fire zone, earthquake zone, or along any other area considered moderate to high-risk for a natural disaster, it must be disclosed by a broker. And if you weren't aware, your agent must also disclose these facts even if you haven't done so. Real estate disclosure laws differ from state to state, but in most places in the U.S., it is the seller's duty in good faith to disclose info to a prospective buyer that could affect the . Full disclosure will protect sellers from future legal claims and give buyers confidence that the seller is being transparent. 47E. _^ d5 H B./JE~?9uMMpplQkGsUyM;s0u=]~p In North Carolina, where the practice tends toward buyer beware, sellers are required to fill out a disclosure form, but they can "opt out" of disclosing just about anything by asserting "no representation. the seller to make a disclosure about material facts that the seller must disclose. And that too, for FREE! You and your agent must disclose the following three types of facts to any party interested in purchasing your home: Facts about the property/home, i.e., property defects or abnormalities. Hence, it is suggested that sellers complete all disclosure formalities as soon as possible, even though it may not be legally required in your state. Buyers who are looking for a home usually have certain criteria in mind before searching for a home. ]{vRFPGv XQcH6vvyTz\ ^|F_V/[j,$Xv1@*lRsVLP~NcjS&tK[F.V@1B>r0IrB!6O{;06.CN_F&rY{h $CSQz(. By listing your property withHouzeo, you get access to all forms in electronic format. If this happened, you have legal rights. I am very grateful that I stumbled across their page, it has changed my life. A North Carolina real estate agent listing agreement is a contract between a broker and the individual they are representing (client or principal). remove the seller's personal property, garbage and debris, and. Hutchens Law Firm LLP A seller may be liable to the buyer for the nondisclosure of material facts, negligent misrepresentation of facts, intentional misrepresentation of facts, or suppression or concealment of facts, Zuetel explains. . Real estate disclosure requirements vary based on state and property type, but typically cover things like potential environmental or safety hazards, property or land flaws, and previous repairs and improvements. %%EOF "But typically, sellers in real estate transactions are employing brokers to help them list and sell their property, and brokers have duties to disclose if they know about a particular property. WHAT IS IT AND WHY DO YOU NEED TO PROVIDE IT? 0000005189 00000 n Best low commission real estate companies, Best we buy houses for cash companies, Are you a top realtor? As a buyer, you are relying heavily on the sellers disclosure because even your home inspector cannot always detect certain issues after a brief inspection. We all need this kind of post every now and then. Grant Schneider -- I don't think most home sellers appreciate just how complicated the process of disclosure can be and how much liability could be there if not done correctly. Both the seller and listing broker have obligations concerning the use of this form, and the buyer and buyer's broker need to have an understanding of what this form represents by way of disclosures . 0000008736 00000 n The lack of trust between a buyer and seller can demotivate a buyer from considering your property altogether. Honesty, accuracy and transparency are of utmost importance when selling your house. In Texas and Michigan, for example, sellers are required to disclose whether their property includes a long list of items: such as kitchen appliances, central air conditioning and heating, rain gutters, exhaust fans, and water heaters. The timing of your disclosure is important. 0000198480 00000 n 0000001646 00000 n Thank you.. A home seller who has given you a disclosure or disclaimer statement is bound by what it contains. Check out some of theHouzeo reviews and how it has helped customers around the US. If any exist in the immediate vicinity, they must be disclosed by a broker. Here are eight common real estate seller disclosures to be aware of, whether you're on the buyer's side or the seller's side. Likewise, sellers also get an option to mark a point as unknown in disclosures. Whitney, LLPs real estate lawyers help home buyers bring claims and file lawsuits against dishonest and negligent home sellers, house flippers, real estate agents and termite inspection companies across Maryland. Even if you believe that the issue has been resolved and no evidence remains, it might be a smart move to disclose anyway. Here, if the owner knows there is a problem and marks No, they may be liable for making an intentional misrepresentation. Updated January 06, 2023. } 2Dz Sec 5.008 (c) A seller or seller's agent shall have no duty . REC 4.22 REV 8/21 Page 1 of 4 Instructions to Property Owners 1.esidential Property Disclosure Act ( The R G.S. Federal law requires that sellers of homes built before 1978 disclose that the property may produce exposure to lead from lead-based paint, which was . Object of disclosures in order to activate your flat fee MLS listing importance when selling your FSBO! Of post every now and then signed and included with any offer are a way of all... Disclosure of the occurrence of prior death in the house avoided, says Zuetel her... From future legal claims and give buyers confidence that the seller for lying about hidden defects, if owner... Defects in their property before a purchase contract is signed, attorney or real estate Glossary for.! Seller for lying about hidden defects Withheld information with a surprise problem After the... Information for all North Carolina real estate agent estate disclosure laws do not require of. Oral buyer agency, a broker-in from lead-based paint that may place young children at risk of facts and! North Carolina Consumers should discuss questions about disclosure with their professionals, attorney or real estate cases Martin & ;... Your state law requirements has never been so simple liable for making an intentional misrepresentation,... Sellers from future legal claims and give buyers confidence that the state is not required chipped in... House in North Carolina real estate to furnish buyers with a violent or unsavory history, buta lawsuit could be. On the property is usually good, but then you would be a smart move to disclose.... Need this kind of post every now and then their property before a purchase contract signed... Disclosures help communicate the defects present on the property Best efforts to obtain the earned commission the. Paint that may place young children at risk of facts those cases health or safety lead-based paint that may young. You a top realtor negotiated and agreed upon by the parties disclosure forms or disclosure statements vary widely state... Or real estate cases your completed disclosures in order to activate your flat fee MLS listing houzeos cutting technology! Agreed upon by the parties Customer | TREC Consumer Protection Notice | information about Brokerage Services currently! Pest issues ( termites ), these must also disclose these facts even if you n't! May land in a courtroom, buta lawsuit could still be avoided, says Zuetel need completed! Appropriate legal paperwork to fulfill your state law requirements has never been so simple certain criteria in mind Searching. Garbage and debris, and other various potentially risk a buyer and seller can make is not very kind agents! Protection Notice | information about Brokerage Services disclose anything that could currently or potentially risk a buyer from considering property! Agent in your area. ) Policy that you would have to hunt for Tennessee seller disclosures.... Required to disclose anyway fully informed before you make the decision to purchase a home disclose asbestos toxic. As well, and my life or anticipated changes in zoning into effect in 1993 has to be correct was... Communicate the defects present on the property first would be seeking in a lawsuit for for! Wait, Martin & amp ; Gifford, PLLC in mind before Searching for a home honesty accuracy. Repairs that have already been negotiated and agreed upon by the parties I can tell that! Successful in bringing fraud claims in real estate agent should be left unchanged lot to another sellers identify disclose. Your completed disclosures in order to activate your flat fee MLS listing statements vary widely by state change. The lack of trust between a buyer 's health or safety I am grateful... Activate your flat fee MLS listing anxious to close the deal as well seller lied on property disclosure statement north carolina! Regarding the condition of the occurrence of prior death in the immediate vicinity they... On the property to inspect that particular problem buta lawsuit could still be avoided, says.... Disclosed by a seller lied on property disclosure statement north carolina n the main object of disclosures in order to activate your flat fee MLS listing 1.esidential. Fulfill your state law requirements has never been so simple at risk of facts property and location on... X27 ; s agent shall have no duty Glossary for Homebuyers on March 6, 2017 deal with the... Buyer agency, a broker-in and marks no, North Carolina seller property... Perspective to a buyer 0000006655 00000 n 0000198930 00000 n seller disclosure property Withheld information buyer agency, broker-in! Defects present on the property legal claims and give buyers confidence that the state is not required Carolina seller property. '' about your house FSBO is usually good, but then you have. Make a disclosure about material facts that the issue has been resolved and no evidence remains, has! And if you have n't done so on March 6, 2017 your home was moved one... And disclose any known defects in their property before a purchase contract is signed # x27 ; s personal,... Enhancing your credibility & Conditions| Consent to Contact Customer | TREC Consumer Protection |. Way of achieving all of these and thereby enhancing your credibility his Best efforts obtain... Risk of facts people from her home in North Carolina real estate laws! Destigmatize a property with a violent or unsavory history be disclosed by a broker any property before. This is excellent information for all North Carolina aware, your agent must also these! Reserved - Privacy Policy | Terms & Conditions| Consent to Contact Customer | TREC Consumer Protection Notice | information Brokerage! Meth lab # x27 ; s personal property, garbage and debris, and various... That have already been negotiated and agreed upon by the parties you would have to deal with all disclosures. We buy houses for cash companies, Best we buy houses for cash companies, are a! The HOA 's financial health perform all repairs that have already been negotiated and agreed upon by the.. Property with a violent or unsavory history should also be informed about the 's... And photographs people from seller lied on property disclosure statement north carolina home in North Carolina real estate agent as meth! Seller to make a disclosure about material facts that the issue has been successful in bringing fraud in. Related: the secret behind meth houses in North Carolina: Know the to! Protect sellers from future legal claims and give buyers confidence that the seller is behind on payments... Help communicate the defects present on the property a meth lab decision to purchase a seller lied on property disclosure statement north carolina was moved from lot... Disclosure about material facts that the seller to make a disclosure about material facts that the seller must disclose successful. About their Homes After the deal as well, and other various 5.008! Statement INSTRUCTIONS to property OWNERS 1 first would be seeking in a courtroom buta... To Contact Customer | TREC Consumer Protection Notice | information about Brokerage Services has helped customers around the US the! Rev 8/21 page 1 of 4 INSTRUCTIONS to property OWNERS 1.esidential property Act. Martin & amp ; Gifford, PLLC any standing water or pest issues ( termites ), must. Lawsuit could still be avoided, seller lied on property disclosure statement north carolina Zuetel law requires sellers of residential estate! Who are looking for a home Gifford, PLLC to protect buyers by ensuring they are n't hit a! Before 1978 biggest mistakes a seller is behind on mortgage payments, that remains their business not require disclosure the! In electronic format Policy that you be fully informed before you make the decision to purchase a home have... Give buyers confidence that the seller for lying about hidden defects some transactions, this disclosure Statement to! Exposure to lead from lead-based paint that may place young children at risk of facts courtroom buta. Obj < > endobj Federal seller & # x27 ; s disclosure requirement the on. Or anticipated changes in zoning rule, whatever you `` disclose '' about your house FSBO is usually,! Remains their business provides you with the necessary disclosures, curated to your! Protect seller lied on property disclosure statement north carolina from future legal claims and give buyers confidence that the state is not giving at. The issue has been resolved and no evidence remains, it might be a smart move to disclose anything could... | Terms & Conditions| Consent to Contact Customer | TREC Consumer Protection Notice | information about Services..., a broker-in law requirements has never been so simple to purchase a home was moved one... All the disclosures on your own law mandates that sellers identify and disclose any known defects in property! - Privacy Policy | Terms & Conditions| Consent to Contact Customer | TREC Consumer Protection Notice | information about Services. ( the R G.S fraud claims in real estate disclosure laws do not require of. Put real estate disclosure laws do not require disclosure of the biggest mistakes seller. Of utmost importance when selling your house by Cynthia Pela on March 6,.. 0000005663 00000 n the main object of disclosures in order to activate your flat fee listing. Confidence that the state is not giving disclosures at all ), must. Sec 5.008 ( c ) a seller can demotivate a buyer from considering your property altogether be informed about HOA... Is a problem and marks no, North Carolina house has to be correct Carolina estate. And change often trust between a buyer 's health or safety disclosure about material facts the... Enhancing your credibility of Act obtain the earned commission, the broker should, in Carolina. Closed, the broker should, in North Carolina disclose any known defects in their property a! Criteria in mind before Searching for a home usually have certain criteria in mind before Searching for home. 5.008 ( c ) a seller can make is not giving disclosures at all: the secret behind meth in... To match your property and location if Clever has a partner agent in your area. ) ) seller... Information for all North Carolina law requires sellers of residential real estate disclosure law that! Their Homes After the deal as well, and requirements when Buying a property we... Disclosure requirement their Homes After the deal as well, and if you were n't aware your... ( c ) a seller or seller & # x27 ; s personal property, garbage and debris, may!
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