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August
26

Home Disclosures for Sellers - Heritage Real Estate Co.

Sellers in Morgantown are required to make a number of disclosures to prospective buyers. These disclosures help protect buyers and ensure that they know precisely what they're buying before they sign the contract. In West Virginia, the definition of real estate includes the land and anything that is attached. This includes the home, outbuildings, and equipment. It also covers any resources under the land including oil, gas, and minerals. When you add your property to the list of Morgantown homes for sale, it's vital that you understand your disclosure responsibilities as a seller so that you don't find yourself neck-deep in legal problems later on.

Disclosure Statements

West Virginia law requires sellers to provide buyers with a disclosure statement before the prospective buyer agrees to the purchase. These disclosures include:

  • Structural Defects
    Most structural defects are discovered during the home inspection, and sellers and buyers alike should thoroughly read the inspection report once it's delivered. Potential defects sellers must disclose include damaged roofing structures, problems with walls and flooring, damaged or unsafe foundations, and any water damage within the home. West Virginia statutes also require disclosure of soil conditions including any known contamination or problems with shifting soil that can negatively impact foundations, grading, or general safety on the property.

    Click Here to Read More...

Bill Porter, Broker (304) 612-3746
207 Aurora Dr
Morgantown, WV 26508

WEST VIRGINIA LICENSES BROKER WVB240300963
AGENCY 010271-00

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Agency License Information: 010271-00

Broker License No. WVB240300963
Office License No. 010271-00

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