What needs to be disclosed when selling a home in Georgia?
When selling a home in Georgia, there are several things that must be disclosed to potential buyers. These disclosures are intended to inform buyers of any known issues or defects with the property so that they can make an informed decision about whether to purchase the home. Some of the disclosures that are required in Georgia include:
Material defects
Sellers are required to disclose any known material defects with the property, which are defects that would affect the value of the property or its safety, such as a leaky roof or foundation issues.
Environmental hazards
Sellers must disclose any known environmental hazards on the property, such as the presence of lead-based paint, asbestos, or underground storage tanks.
Property condition
Sellers must disclose the condition of the property, including any known defects, repairs, or renovations that have been made.
Homeowner’s association
If the property is part of a homeowner’s association (HOA), sellers must provide information about the HOA, including any fees or assessments that may be required.
Other disclosures
There may be other disclosures required depending on the specific circumstances of the sale, such as disclosures related to zoning, permits, or easements.
It’s important to note that these disclosures are not optional – sellers are legally required to provide this information to potential buyers. Failure to disclose known issues could lead to legal action against the seller.
Are you planning on buying or selling a home in the Woodstock area? Buying and selling homes requires real expertise in digital marketing and knowledge of the area. We live, work and play downtown Woodstock, Georgia.
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My family and I moved to Woodstock in July of 2014. I’m happily married, have an amazing kid, a crazy dog enjoy trail running, traveling and pretty much anything outside and spending time with family of course. For the past seven years I’ve been full time running my own business (Real Estate Internet marketing , website design and now Realtor) have a passion for cultivating relationships, video marketing and helping people in anyway I can.
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