Florida Seller Disclosure Forms...

Florida Seller Disclosure Forms

 

Are you thinking about selling your Florida Home? If you plan on selling your home AS-IS, (most homes are sold that way). And think its ok to let the buyer (and or Home Inspector) figure out the defects such as that there are cracked tiles under the living room rug and that the dishwasher does not really drain all the way? Think again, may home sellers thinks it's ok not to tell prospective  buyers about property defects if the property is being sold AS-IS. 

 

As a seller of Real Estate in the Great State of Florida you must disclose all know facts of defects to the property being sold. In addition the listing agent of the property must disclose all know defects to the property, that are known to the listing agent regardless if the seller informed the listing agent or not. If the listing agent notices such defect that may not be noticeable to someone not in the business of Real Estate, then they must be disclosed. Licensed Real Estate agents must also use caution when making statements such as the “that looks fine to me” better words may be “that is a real good question for the Property Inspector”.  

 

When listing your property for sale, the listing agent will provide you with a sellers disclosure form for you to complete. It is customary for the seller to hand write the disclosure form, to show that the seller was not coursed into making a false statement regarding the condition of the Real Property. 

 

As crazy as it sounds, even if a property is in need of a complete rehab because of holes in the wall, broken sinks, signs of mold to name a few the seller obligated to disclose all KNOWN defects. Banks selling foreclosure homes try to circumvent this by providing page after page of hold harmless letters stating that they never occupied the property and do not know the full condition of the property. Technicality the Banks are not off the hook.  

 

For more tips and market data please visit:

 

http://www.fridayre.com/miarticles/

 

Thinking about selling? Please call Friday Realty LLC @ (Five-Six-One) 379-7881