March 8, 2024
Home Seller
Are you planning to sell your home in California? It's important to know the California property disclosure laws before you sell your house. You could find yourself in serious trouble if you ignore these requirements.
Imagine this: You've found the ideal buyer, you've negotiated an amazing deal, and now you're ready seal the deal. But wait! You're not done yet! Transparency is the law in California.
Let's start with the forms. You'll have to fill out a Real Estate Transfer Disclosure statement if you are a seller. This document includes everything from the state of your home to annoying neighborhood disturbances. Consider it your truth serum.
There's still more! Disclosures include natural hazard reports and details about lead-based paint. You read it correctly. Even if the Californians are saying "rest in peace with real estate", it is important to share.
Why the fuss? Transparency isn't only about following the rules, it's also about protecting both parties. Both buyers and sellers deserve to be informed about the deal they are entering.
What happens if, by accident, you forget to mention the annoying leak in the basement? Or the strange history of the attic. My friend, you're going to get a legal backlash. Failure to disclose can lead you to court faster than you can say, "court date."
Honesty is always the best policy in the world of Californian real estate. Before you put up that "For Sale", make sure to dot your i's and cross your ts. Also, disclose everything you can about California. You'll thank yourself later, as will your wallet and conscience.
Diana Renee
I am so fortunate to have grown up in one of the most wonderful places in the world, California. With friendly people, incredible weather, great entertainment, beaches, mountains and the desert all within driving distance, SoCal has it all. I was born and raised in Long Beach, and have lived in Corona since 1996. I truly love this city and I'm proud to assist my clients in navigating the process of buying and selling real estate.
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