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TO DISCLOSE OR NOT TO DISCLOSE: WHAT FLORIDA SELLERS MUST KNOW

Selling a property in Florida? Better brush up on your disclosure requirements. Florida law now imposes a duty on sellers to disclose known property defects. The Seller’s Property Disclosure form created by Florida REALTORS® can help sellers fulfill their obligation, but it’s important to remember that the buyer must be given the opportunity to avoid risks and costs. And in a strong seller’s market, some buyers are waiving inspection periods, potentially exposing sellers to liability. When in doubt, refer to an attorney before signing a binding contract. Click Here to read more.

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