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In selling a home in Maine, it's the seller's responsibility to disclose property defects that help protect both parties. Although this can be a daunting process, this could help avoid serious defects and legal issues in the long run.
If your home has mold growth, you must disclose it to interested buyers. This includes visible mold and any known defects that could lead to mold contamination, such as water damage or issues with the HVAC system.
Generally disclosure must take place within 28 days of the close of pleadings (rule 214(2)(c)). The close of pleadings occurs: When a pleading (usually a Reply) is served after a Defence or an answer to Counterclaim. If the Defence is the final pleading in the matter, 14 days after the Defence is filed (rule 169).
When you sell a home in Maine, you are required to disclose any damages or problems regarding the property, to the best of your knowledge. Sellers must write a formal disclosure to the buyer accounting for any known issues. These problems could be as small as a faulty window lock or as large as damaged roof shingles.
Disclosure Law in Maine for Home Sales Title 33, § 173 requires sellers of residential real estate (with a few narrow exceptions) to give purchasers a "property disclosure statement," covering issues including: the water supply system. the insulation. the heating system.
Massachusetts has a relatively light disclosure requirement. It is often referred to as a 'caveat emptor' regime, or in plain English 'buyer beware'. The two main disclosure requirements are confined to whether there has been lead paint used anywhere in the property and whether there is a septic system installed.