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Which of the following parties may be held liable for the information in the real property disclosure statement [A)The buyerB)The sellerC)The seller and the seller's agentD)The buyer and the buyer's agent]? The answer is the seller.
Washington law says that when you sell your home, you must fill out a Seller Disclosure Statement (also known as Form 17). You must tell the buyer any problems with the property that you know about. Download a Seller Disclosure Statement.
What information should be included in the Washington State Seller's Disclosure Statement? The Washington State Seller's Disclosure Statement should include a detailed description of the property, including its age, condition, and any known defects or hazards.
In most real-estate transactions in Washington, the seller of the property must complete a ?Form 17? disclosure statement and give it to the buyer. Form 17 has a couple dozen questions on topics ranging from title matters to environmental issues.
Moreover, like any other state, the Washington law requires home sellers to disclose any known major defects that could affect the buyer's decision to purchase the house. These are major to minor defects?and even features?that the buyer should know before signing any contract.