Seller disclosure statement
A state form where the seller reports known conditions of the property before a contract is signed.
North Carolina uses the Residential Property and Owners' Association Disclosure Statement plus a mineral and oil and gas statement; South Carolina uses the Residential Property Condition Disclosure Statement.
Related
- No Representation: An answer choice on North Carolina and South Carolina disclosure forms meaning the seller makes no statement about that item.
- Lead-based paint disclosure: A federal disclosure required for housing built before 1978, covering known lead paint, available records, the EPA pamphlet, and a testing opportunity for the buyer.