Realtor Version
Required Disclosures (4)
1.) Condominium/Planned Community Documents: Sellers of units in a common-interest community must provide the buyer with a certificate of resale and the governing documents, such as bylaws and rules (§ 3407). In Pennsylvania, the resale certificate must be prepared and issued directly by the specific Homeowners Association (HOA), Condominium Association, or the property management company governing the community
2.) Lead-Based Paint Disclosure: For homes built before 1978, sellers must provide information regarding known lead-based paint and a federally approved lead hazard pamphlet (42 U.S. Code § 4852d).
3) Seller’s Property Disclosure Statement: Sellers must complete this form, disclosing all known material defects that are not readily observable, including plumbing, roofing, electrical, and structural systems (§ 7304).
4.) Notice of Real Estate Agency Relationship: Licensees must disclose their business relationship with the parties (e.g., buyer’s agent or seller’s agent) at the initial interview (§ 35.336).
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