Buying a home is one of the biggest investments most people will make, so states typically require sellers to disclose any known defects of the property before closing. This information is usually given in the form of a written disclosure, which may cover everything from the age of the sewer line to the condition of the roof. As dense as these documents can be, they may not cover every aspect of the home, so it’s best to consult with a residential real estate attorney before finalizing the sale.

A Guide to Reviewing Real Estate Disclosures

What Are Sellers Required to Disclose?

Seller disclosure requirements vary from one state to the next. In some jurisdictions, you may only receive a cursory report, while other states require a thorough catalog of defects. In Connecticut, buyers should receive a standardized form with 38 questions the seller must answer. In addition to existing problems, sellers must explain any issues in the past that have been corrected, such as pest infestations, roof leaks, or plumbing damage.

What if Sellers Fail to Disclose Problems?

Unfortunately, property owners do occasionally try to hide issues with the property, in an attempt to raise the value of the home. If you discover issues that the seller should have known about after closing, your residential real estate attorney may be able to file a lawsuit for the cost of repairs. In the most extreme cases, you may be able to cancel the sale entirely.

What Else Can I Do to Ensure the Process is Smooth?

Even if the sellers submit a comprehensive property report, you should still commission a thorough inspection of the house before closing. A skilled home inspector can often find problems sellers may try to hide, or discover serious defects the current residents aren’t aware of. A residential real estate attorney can also provide valuable insight, going over the disclosures with you, explaining key points, and helping you decide whether further inspections are necessary.

If you’re buying a home anywhere in Farmington, CT, turn to Greene Law, PC for insightful advice and sound legal counsel. Their residential real estate attorneys have helped homeowners throughout the area navigate the complexities of the process, protecting their interests and offering unbiased, professional guidance. Visit their website for more information about their services or call (860) 676-1336 to make an appointment.