As a Vermont homeowner, you know your Vermont property better than anyone, including its flaws. If you’re making plans to sell, you may be wondering how much you need to reveal on the Vermont seller disclosure form, officially known as the Seller’s Property Information Report. This form provides potential buyers with a clearer picture of your property’s condition and history, enabling them to make a more informed decision. Additionally, it can also help insulate you from potential legal troubles. 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 Vermont seller disclosure form, or Seller’s Property Information Report, is a six-page document developed by the Vermont Realtors. 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 go through with the sale. Vermont law requires sellers to disclose all — in other words, anything that could impact the buyer’s use or enjoyment of the property. The Seller’s Property Information Report 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 Vermont seller disclosure form?
