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

In Washington, as a seller of real estate, you have a responsibility to disclose certain information to potential buyers. This is a legal requirement and failure to do so could result in significant legal action and even civil penalties. The level of disclosure you must provide depends on the type of real estate being sold. For example, property containing hazardous materials or special environmental conditions may require additional disclosures to potential buyers. In any case, all sellers in Washington must provide a written disclosure statement to potential buyers. This statement must include information about any material defects with the property, recent repairs and updates, and the current property taxes. You may also be required to provide additional information about future developments near the property, such as zoning changes or construction projects that will have an impact on the property. This information must be given in a timely manner and it should be accurate. It’s important to note that the level of disclosure depends on the requirements of the local jurisdiction. In some cases, you will be required to provide more information than in others. If you have any questions about disclosure requirements in your area, you should contact a real estate lawyer to get further advice.

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

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