Home Sellers: Required Property Disclosures Have Just Been Updated (March 2015)
Tuesday, March 24, 2015 at 7:44AM
Judy in Seller Tips, Selling Your Home

Whether you are selling your home with or without an agent, Connecticut General Statutes  mandates that  you  disclose known problems or issues with your home or condominium*


The latest revisions address knowledge of underground oil tanks  (UST's), carbon monoxide detectors (which have been required  to be present in your home  when you sell it as of January 1, 2014) , and pending or prior  litigation, government actions,  and/or liens relating to hazardous substances.


If your home is on the market, these disclosures must be updated. Failure to provide  this disclosure will result in a $500 credit payable to the purchaser  at closing.


*Some properties are exempt from the disclosure law. If you have any questions, please contact your attorney for clarification and advice.

 Click here to download the updated disclosure.


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If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

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Article originally appeared on Fairfield County CT Real Estate & Homes for Sale in Easton, Fairfield, Norwalk, Trumbull & Westport, Connecticut (http://www.thectrealtyblog.com/).
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