Ga Real Estate Disclosure Forsyth County
Description
How to fill out Georgia Residential Real Estate Sales Disclosure Statement?
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FAQ
They must disclose to home buyers "All adverse material facts pertaining to the physical condition of the property and improvements located on such property." This might include such issues as basic material defects, environmental contamination, and any facts that statutes or regulations require to disclosure of, if ...
There Is No Seller Disclosure Form Required in Georgia In many states, the seller is obligated to complete a disclosure form that informs the buyer of any material defects. In Georgia, the seller does not have a legal obligation to complete the form.
The common law has for decades imposed duties on sellers of real estate, particularly residential real estate such as homes, condominiums, etc., to disclose to the buyer ?any material facts known to the seller affecting the value or desirability of the real estate" being sold.
Under Georgia law, the seller is obligated to disclose material defects about the property. They also have a legal obligation to truthfully answer any questions asked of them during the sales process. This law places much of the onus on the buyer to learn of any defects.
Do you have to report a death in your home while selling real estate in Georgia? Georgia has no requirement to disclose death. However, if a buyer ask , the homeowner has to tell the truth if known.