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What are seller disclosure requirements for a home in Virginia?
Every home has its quirks — those little things the homeowner learns to live with that could one day wind up on someone's fix-it list. If you've been thinking about selling your house, you might wonder exactly what you have to disclose to the buyer. Do you really have to talk about that time the the roof leaked a couple of summers ago or mention that the back door sticks sometimes?
State and federal law govern the disclosure of information by homeowners to prospective buyers. In Virginia, information must be disclosed per the state's Residential Property Disclosure Statement. Take a look at the document and you'll see that the responsibility to seek information about a property lies with the buyer.
Virginia is what's known as a Bu...