How many topic areas must the seller complete in a Property Disclosure Statement?

In a Property Disclosure Statement, sellers are required to complete a total of 12 topic areas. This comprehensive approach ensures that the seller provides detailed information about the property, covering various aspects that could affect its sale or the buyer’s decision.

These topic areas typically include fundamental elements such as structural issues, environmental concerns, previous renovations, and other material facts that could influence the value or safety of the property. By requiring sellers to disclose information in these 12 specific areas, the statement promotes transparency and protects both parties in the transaction. Ultimately, it helps buyers make informed decisions and reduces the potential for disputes after the sale is finalized.