Here is a link to an Illinois Seller's Disclosure Statement. 

Are these defects being disclosed in your Sellers Disclosure, or do you not know about them at the time of sale?

In the interest of full disclosure, I think it's fair to share with the forum that you are one of those MLS entry only brokers here in San Diego. 

If the foundation looks good, but you know they had repairs off of the seller's disclosure for example, I will normally ask for repair information and warranty up front, even if they don't readily provide it. 

Check out this Texas Bill - predatory practices against investors selling on a wrap"Watson’s bill, SB 1995, would increase wrap loan disclosure requirements, add some enforcement provisions and also mandate that the disclosure be provided in a language other than English if the loan was primarily negotiated in another language."

There will be disclosures required by law, informing the seller of the risks of a sub2.

Anna Mills, president of REIA response to his ignorant comment was perfect when shen said that according to HUD guideline disclosure lead base poisoning is also a result of bad house upkeep by the tenant.    

And in the interest of full disclosure I own the five empty acres down the hill from that corner, 352 Glenn. 

And by the way, DISCLOSURE I don't sell life insurance and am strictly talking about what I did and not giving financial advise.What I learned in 2008 is that you need cash liquidity when the housing market crashes. 

Merely a one-page agreement to list the new parameters and reference the first-year lease (contents & disclosure addenda would be the same for the most part), or, Do a completely new lease (same form, but with an addendum for the attorney's clause)?