Seller-Fifth Inning - Disclosure
Pitch 1 - Disclosure
Sellers disclosure is mandatory in North Carolina. The federal disclosure regarding lead paint is also mandatory. These are not perfect and have come a long way towards disclosing property defects. Inspections are important and in some cases required. Review these disclosures carefully and should you have questions, ask. You can even make your offer contingent on receiving satisfactory responses in a timely manner.
Pitch 2 - Lead-Based paint disclosure
Federally mandated. There is a form for the seller which addresses knowledge of lead based paint and a clause about the sellers ever having tests made. There is also a booklet which is required for an agent or a seller to give to the buyer outlining the risks and hazards of lead paint as well as how to treat it and what not to do.
Pitch 3 - Offer document
In North Carolina jointly approved by NC Bar
Association and NC Association of REALTORS.
Constantly being reworked and improved, this
template is very thorough and addresses
most of the concerns and processes for both
buyer and seller. Good idea for both to read
thoroughly and understand well in advance of use.