Seller disclosure statement

In the United States, a seller disclosure statement is a form disclosing the seller's knowledge of the condition of the property. The seller disclosure notice or statement is anecdotal and does not serve as a substitute for any inspections or warranties the purchaser may wish to obtain. It also does not serve as a warranty of any kind.^[1] Deliberate misrepresentation in the statement can result in liability.^[2] Seller disclosure statements are not compulsory in New Mexico.^[3]

See also

• Caveat emptor