Glossary · Legal & insurance
What is Property disclosure statement?
A property disclosure statement is a seller's declaration of known issues or defects with a home.
Definition
In some markets, sellers complete a disclosure statement listing known problems — like past flooding, structural issues, or repairs. It helps buyers make informed decisions.
Disclosure rules and reliability vary, so buyers should still rely on their own inspection rather than disclosure alone.
When property disclosure statement matters
- Learning about a home's known issues
- Informing your offer and inspection
- Reducing post-sale disputes
With Homeprint
How Homeprint helps with property disclosure statement
Homeprint helps you keep records of your home's condition and repairs — useful when it's your turn to sell.
- Keep every related document in one secure place
- Track your home's value and finances over time
- Stay connected with trusted neighbourhood experts
Property disclosure statement — FAQ
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