19 Aug 2020

Common Disclosures: Seller’s Duty and Obligation to Disclose in California

In order to protect buyers, selling a home in the United States requires that specific details be disclosed to potential homebuyers; however, exactly what information has to be disclosed can vary by state. In California, the specifics are outlined in the Department of Real Estate’s “Disclosures in Real Property Transactions,” document, which includes disclosures required by both state and federal law and regulations. It is imperative to note that there is a legal obligation to

4 Sep 2019

What You Need to Know about Disclosures when Selling Property

When you sell a piece of residential real estate in California, you will most likely need to fill out the Real Estate Transfer Disclosure Statement (TDS) and the Seller Property Questionnaire (SPQ). These documents serve as disclosures, giving you the opportunity to share what you know about your property with the buyer. Below we will explain the importance of, and how to fill out both of these disclosures.  The Real Estate Transfer Disclosure Statement Section