You know your Tennessee home 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 Tennessee seller disclosure form, officially known as the Residential Property Condition Disclosure. 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 protect you in the event of any legal disputes. 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 Tennessee seller disclosure form, or Residential Property Condition Disclosure, is a document developed by the Tennessee Association of 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 proceed. Tennessee law requires sellers to disclose all — in other words, anything that could impact the buyer’s use or enjoyment of the property. The Residential Property Condition Disclosure 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 Tennessee seller disclosure form?
