What level of disclosure do I have to make when selling real estate?

When selling real estate in Florida, it is important to understand the amount and level of disclosure you are required to make. In Florida, sellers are legally obligated to disclose certain facts about the real estate property to potential buyers. These facts cover potential flaws, hazards, and defects of the property that might not be easily visible or apparent during an inspection. Generally, Florida law requires sellers to disclose all known material facts that could significantly affect the value of the property or the desirability of maintaining the property. This might include details about prior flooding incidents, any problems with the plumbing or electrical systems, lead-based paint on the walls, or any structural damage. If the property has been previously owned by someone else, sellers are also required to disclose any damages, repairs, or renovations made to the property in the past. Furthermore, sellers must notify potential buyers if the home has a history of being the site of a prior crime or if the property is located in a hazardous or environmentally contaminated area. Finally, it is important to understand that sellers are not required to disclose information that is publicly available or that could have been determined through an inspection. Failure to provide the required disclosures may create legal liabilities. Therefore, it is important to carefully read and understand the disclosure requirements before finalizing a real estate transaction in Florida.

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What level of disclosure do I have to make when selling real estate?

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