What Is a Seller’s Disclosure Statement in Real Estate?

A Seller’s Disclosure Statement is a legal form where homeowners disclose any known defects, issues, or past damage to potential buyers. It’s designed to ensure transparency and protect both parties during a real estate transaction.

✅ What’s Included in a Seller’s Disclosure

  • Roof leaks, water damage, or flooding
  • Foundation or structural issues
  • Plumbing, electrical, or HVAC problems
  • Presence of mold, termites, or other pests
  • Unpermitted additions or repairs
  • Lead-based paint or environmental hazards

In most states, the disclosure form must be provided before signing a purchase agreement. For FSBO sellers listing on the MLS through Brokerless, this form helps reduce post-closing disputes by documenting everything up front.

🏠 Why Seller’s Disclosures Matter

A Seller’s Disclosure Statement builds buyer confidence and protects sellers from legal claims after closing. It helps establish transparency and compliance with state law, ensuring that both sides understand the property’s condition before moving forward.

📝 How to Complete the Disclosure Form

  • Answer every question honestly — if unknown, write “unknown.”
  • Disclose all known defects, even if already repaired.
  • Attach supporting documents or inspection reports when available.
  • Keep a signed copy for your records.