Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Legal & Legislation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

3
Posts
2
Votes
Adam Cazzolla
2
Votes |
3
Posts

Seller's Disclosure - Is it ok for a Seller to leave any question unanswered?

Adam Cazzolla
Posted

Hi all,

I just had an offer accepted on what could be my first investment property.  On the Seller's Disclosure form, many of the questions remain unanswered, such as, "Do you know of any previous/current presence of any wood destroying insects/termites in or on the property or any existing damage to the property caused by wood destroying insects/termites?".

The heading at the top states "THE FOLLOWING STATEMENTS OF THE OWNER ARE BASED ON OWNER'S ACTUAL KNOWLEDGE"  and all questions are phrased as "Do  you know of...".

I would think all questions would need to be answered.  Or is an unanswered question seen legally the same as answering "No"?

Thanks in advance for your help!

  • Adam Cazzolla
  • Most Popular Reply

    User Stats

    14,482
    Posts
    11,168
    Votes
    Theresa Harris
    #3 Managing Your Property Contributor
    11,168
    Votes |
    14,482
    Posts
    Theresa Harris
    #3 Managing Your Property Contributor
    Replied

    I know for one of my rentals when I sold it the realtor crossed out a bunch of stuff and simply said I didn't know as it had been a rental.  If you check 'no' and there are, then I can see a buyer suing the seller.

  • Theresa Harris
  • Loading replies...