You know your Nebraska home better than anyone. This means you also know everything wrong with it. If you’re planning to sell, you may be wondering how much information you have to disclose to buyers on the Nebraska seller disclosure form, officially known as the Seller Property Condition Disclosure Statement (Residential). Disclosure forms are common and serve as a way to provide potential buyers with a better understanding of the property’s condition and history, enabling them to make a more informed decision before purchasing a home. Disclosures can also protect you from any potential legal headaches. In this post, we’ll tell you what to expect, how much detail to provide, and what could go wrong if you leave something out. We’ll also provide a downloadable Disclosure Litmus Test to help you identify any red flags. The Nebraska seller disclosure form, or Seller Property Condition Disclosure Statement (Residential), is a 4-page document developed by the Nebraska Real Estate Commission. It’s designed to help you disclose any known issues or facts about your home that could impact its value or a buyer’s decision to purchase the property. Nebraska law requires sellers to disclose all material facts — in other words, anything that could impact the buyer’s use or ability to stay in the property. The Seller Property Condition Disclosure Statement (Residential) form acts as a guide to help you do this thoroughly. It covers everything from structural issues and past repairs to neighborhood conditions and HOA rules.What is the Nebraska seller disclosure form?
