When someone sells real estate in Connecticut, they may have to fill out a disclosure form. This typically takes the form of a list of questions. The seller can then either check yes, making the disclosure, or check no, saying that there is no problem with the property. In some cases, they may also be able to indicate that they do not know the answer.
This form is important because buyers need to know exactly what they’re getting when making an offer. A seller who is intentionally misleading on their disclosure form may be accused of fraud. So what types of things will be addressed on the form?
Common questions and examples
The following is not an exhaustive list of all the potential disclosures, but it gives you an idea of what sellers may be asked:
- Are there any land restrictions, such as an easement?
- Are there any issues with necessary home systems, such as plumbing or sewage?
- Is there evidence of past fire damage in the house?
- Have there been any pest issues, such as a termite infestation?
- Are there any risks of harmful exposure to radon, asbestos or lead paint?
- Has the seller noticed any roof leaks or evidence of water damage inside the home?
- Are there foundational issues, such as cracks in the foundation or leaks in the basement?
In some cases, the seller may honestly not know, such as if they’ve never conducted a radon test but they haven’t had any health issues in the property. However, sellers are required to answer honestly regarding any conditions they already know about. If there are any disputes over disclosures or complications during a real estate transaction, be sure you know what legal options you have.