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Property
Disclosure Form
In North Carolina, sellers are required by law to sign a property
disclosure form. The disclosure form approved by the
North Carolina legislature gives the seller an option to disclose
if any defects are known, or to make "no representations" as to
the condition. This form must be delivered to the prospective
buyer before such time as an offer is made; if it is not, the buyer
has three days after signing the offer to back out of the contract
for any reason. Click
here to see a copy of the required disclosure form in Adobe
Acrobat.
Lead Paint Disclosure
Sellers of homes built prior to 1978 as required to provide a disclosure
stating that lead-based paint could be present, and whether or not
the sellers have any records or reports pertaining to the presence
of lead-based paint. The buyer must be permitted a 10-day
period in which to assess any risk from lead-based paint, such as
having the property tested. (Here is a copy of the disclosure
in Adobe
Acrobat.)
Synthetic Stucco
EIFS, or synthetic stucco, was extensively used during the 1990s
and has since been found to cause structural problems if not properly
maintained. Sellers of homes that were built using this product
must provide the required disclosure form to the prospective buyer.
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Direct line: 919-968-9989
Toll-free & fax: 1-866-562-4076
 email
us
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