This form is a Seller's Disclosure Statement for use in a residential sales transaction in Massachusetts. This disclosure statement concerns the condition of property and is completed by the Seller.
Boston Massachusetts Residential Real Estate Sales Disclosure Statement
State:
MassachusettsPlease select your state
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City:
Boston
Control #:
MA-37014
Format:
Word;
Rich Text
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FAQ
Non·?dis·?clo·?sure ?nan-dis-?kl?-zh?r. : failure or refusal to make something known : lack of disclosure. nondisclosure of a known problem with the property. often used before another noun.
There are two things that sellers must disclose in Massachusetts: the existence of lead paint in the house and presence of a septic system. However, if a prospective buyer asks questions, the seller cannot lie or hide the truth.
Other than the lead paint and septic system disclosures, sellers in Massachusetts generally don't have to reveal anything else concerning the condition of their property. That is, unless the buyer asks. If a prospective buyer has specific questions about the property, a seller must truthfully disclose the information.
By contrast, Massachusetts does not require sellers to provide a disclosure form or statement to potential buyers. If you work with a real estate broker or agent, he or she may ask you to complete a statement that will include a provision that indemnifies the broker or agent for any misstatements or errors on the form.
However, Massachusetts has no such law that mandates sellers to provide a disclosure statement to potential buyers. At most, your real estate agent will ask you to complete a form that includes a provision that indemnified them from any misstatements or errors made during the deal.
Under Massachusetts law, real estate professionals are not required to disclose if a property was the site of a murder, suicide, or felony ? this even includes the alleged sighting of paranormal activity.
If you're selling your home in Massachusetts, you legally do not have to disclose asbestos, but you do have to disclose formaldehyde foam insulation and lead paint.
Some states are more stringent than others when it comes to disclosing issues. For example, in Massachusetts, home sellers are not required to disclose known problems with a home unless asked a direct question from a buyer. This is what's referred to as ?Caveat Emptor? or ?let the buyer beware.?
This may surprise you, but, yes, it's legal to sell a house with mold. There are no federal laws against selling houses with mold, though some states do require the seller to disclose whether a home has had past or present mold issues.