Who is responsible for filling out the Sellers Disclosure Notice?

The Sellers Disclosure Notice is a document that provides pertinent information about the property being sold, including details about its condition and any known issues or defects. This notice is primarily the responsibility of the seller because they hold firsthand knowledge regarding the property's history, maintenance, and any repairs that may have been undertaken.

The seller is obligated to disclose accurately any material facts that could affect a buyer's decision or the property's value. This requirement helps ensure that potential buyers are well-informed about the property's condition before completing the transaction, thereby fostering transparency and trust in the real estate process.

Meanwhile, roles such as the buyer, real estate agent, and mortgage lender do not involve the direct completion of this notice as part of their responsibilities. The buyer may rely on the information provided in the notice during their decision-making process, the real estate agent may assist the seller in preparing it, and the mortgage lender will focus on the financial aspects of the transaction, but the ultimate responsibility for filling out the Sellers Disclosure Notice lies with the seller.