Realtor Version
|
|
Required Disclosures (2)
1.) Lead-Based Paint Disclosure: Sellers of homes built before 1978 must disclose any known lead-based paint hazards (42 U.S. Code § 4852d). This federal requirement ensures buyers are adequately warned about the potential risks associated with lead-based paint.
2.) Seller’s Property Disclosure: Sellers must detail all known material facts that could significantly impact the buyer’s use and enjoyment of the home (§ 47-10-02.1). This form details the property’s structural integrity, latent defects, and mechanical issues to prevent unforeseen burdens on the new owner. It also contains North Dakota’s mandatory Radon Disclosure (§ 47-10-02.2).

North Dakota Association of Realtors (2024)