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Updated over 6 years ago, 09/23/2018

User Stats

152
Posts
65
Votes
Jay G.
  • California
65
Votes |
152
Posts

Does law require TDS/disclosures made before Buyers inspections?

Jay G.
  • California
Posted

For transactions where a TDS (Transfer Disclosure Statement) is required, I'm curious if there is anything in the code/law which states the timeline for those disclosures to be made to Buyer? 

Obviously it would be in the Buyers best interest to have all disclosures and previous reports on hand before the Buyer pays to have multiple inspectors look at the home. This would give inspectors an idea of what previous work or remediation was done on a property and verify the work resolved issue, was done correctly, safely, etc. 

But does the law require Seller or their broker/agent to present them during or before inspection period? Of course regardless of law, a savvy Buyer (or Buyer's agent) could always write this in to offer or purchase agreement -- they're going to have to be disclosed at some point anyway, right?

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