From the damp patch in the basement to the asbestos in the insulation, sellers may wonder what exactly they're required to disclose to the buyers. The general rule of thumb is to tell buyers everything. It not only limits liability, but it can also boost a Sherwood Park buyer's trust in the property they want—which may encourage them to offer a little more or to bend on their contingencies. However, for those who want a more technical explanation of their exact responsibilities, find out more about how the specifics should affect the answers that sellers give and the information they need to provide on their own.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate
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