A seller’s disclosure brings transparency to a real estate transaction and can protect both buyers and sellers. In the disclosure, a seller provides written information about known issues that could hurt the property’s value, such as termite damage, improper drainage or a leaky roof, as well as details like homeowners association fees and restrictions. Proper…

Barbara Marquand writes for NerdWallet. Email: bmarquand@nerdwallet.com. Twitter: @barbaramarquand.

The article Seller’s Disclosure: What Home Sellers Must Reveal originally appeared on NerdWallet.

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