Home Inspections by professional home inspectors > FAQ By Home Sellers > Home Sellers Disclosure Obligations
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California case law states that it is the duty of a seller to disclose relevant facts concerning the property for sale through a TDS form. (Transfer Document Statement) This basically means a seller of one to four residential units has a legal obligation to disclose all of the conditions of the property know to them to perspective buyers, which is often accomplished through use of a “Transfer Disclosure Statement.” While the listing inspection report cannot be used as a substitute for that disclosure, it does allow the seller to provide prospective buyers with additional information, based on an unbiased, third party, professional inspection.
Last updated on July 25, 2010 by [Your Name Here]