Get CT Real Estate Agency Disclosure Notice 1998-2024

If you're selling your home in the Nutmeg State, you'll need to be mindful of Connecticut's disclosure requirements. Sellers of residential property are required by state law to disclose certain defects with their home that could impair its value. These disclosures must be made before any purchase contract is signed.

Sellers should receive the disclosure paperwork from the listing agent prior to signing the listing agreement, with ample time to read and review it.

CT Property Condition Disclosure Exemptions The property is being transferred to a spouse, parent, grandparent, child, or sibling of the transferor without consideration of payment. The federal government, a political corporation, institution, or quasi-government agent is making the property transfer.

For example, you are required to state whether you have any knowledge of problems with the heating system, plumbing system, and electrical systems. You must also explain any problems with the roof, patio, and other structural elements.

An agency relationship is formed when the agent and a buyer or seller sign an agency disclosure or agreement form. In many cases, the client does not legally have to agree to sign anything. The agreement or disclosure states that the agent is acting on behalf and in the best interest of the client.

The (TDS) describes the condition of a property and, in the case of a sale, must be given to a prospective buyer as soon as practicable and before transfer of title.

The Uniform Property Condition Disclosure Act (Connecticut General Statutes Section 20-327b) requires the seller of residential property to provide this disclosure to the prospective purchaser prior to the prospective purchaser's execution of any binder, contract to purchase, option or lease containing a purchase ...

Seller's Duty to Remove Asbestos A seller has no legal obligation to remove asbestos from the house he is selling. He is generally not even required by state law to disclose that asbestos is present in the home. The home buyer can and should inspect the home prior to buying it.