What a seller legally has to disclose varies by state. Typically, they must disclose any known issues that would negatively impact its value, like water damage and mold. Other disclosures include neighborhood nuisances like noisy businesses, potential hazards like asbestos, the home’s repair history, and if there was a death on the property. Some more unusual disclosures include things like neighbor disputes, if the home was used illegally, and even paranormal activity.
