New Jersey Estate

Sellers should disclose anything that required a permit in their home. These are usually significant items that should be disclosed. Examples include the heating system, air conditioning, the roof, or anything related to the plumbing or electrical systems.

Among the numerous types of things a seller in New Jersey is required to disclose are electrical system hazards; structural problems; roof leakage; termites; environmental hazards; and plumbing, water, and sewage issues.

When is a seller exempt from providing a seller's disclosure?Another seller hadn't even lived in the property they were selling; it was an investment property and they didn't have enough first-hand knowledge of the property's history to provide a disclosure.

California, like many states, requires its residential property sellers to disclose, in writing, details about the property they have on the market.(See, California Civil Code § 1102.)

If a seller fails to disclose, or actively conceals, problems that affect the value of the property; they are violating the law, and may be subject to a lawsuit for recovery of damages based on claims of fraud and deceit, misrepresentation and/or breach of contract.

Although there's no list of required disclosures a seller must make according to New Jersey's statutes, the state's courts have carved out rules (under what's called the "common law") to protect buyers against sellers who fail to disclose material facts or who hide information about their property.

One question all sellers are required by law to answer on the Real Estate Transfer Disclosure Statement is whether there are any neighborhood noise problems or other nuisances. If the answer is yes, the seller must explain that answer in detail.

"No Seller Disclosures" means that the seller is selling the property without disclosing any defects or facts that might be necessary for a buyer to make an informed decision. A purchaser should get written permission to bring the purchaser's...