Some sellers are reluctant to provide a SPDS. However, where a seller of real property knows of facts materially affecting the value of the property that are not readily observable and are not known to the buyer, the seller is under a duty to disclose those facts to the buyer. Therefore, Every Buyer is Entitled to a SPDS. Click on the links(s) below to get a good undstanding of sellers' responsibilities on property disclosures.
Seller Advisory, when in doubt - disclose!
Most home sellers are required to disclose material facts about their homes--things such as leaky roofs and bad plumbing. Use these resources to learn what is considered a material fact, and what isn't.
In 1995 the Arizona Legislature passed A.R.S. § 32-2156, the stigmatized property law. This law addressed when a real estate broker or seller must disclose information to a buyer relating to facts that may psychologically impact the home, such as a suicide or murder.
Have you acquired six or more lots?