Complete Legal Delaware Home Sale Forms For Free

Delaware law requires sellers of residential real property to provide a disclosure report to any potential buyer listing all the material defects that the seller is aware of. Residential real property means a manufactured housing lot or real property that has a residential dwelling for one to four families present.

Chapter 25, Title 6 of the Delaware Code, requires a Seller of residential property to disclose in writing all material defects of the property that are known at the time the property is offered for sale or that are known prior to the time of final settlement.

The Buyer Property Protection Act, codified as Chapter 25, Title 6 of the Delaware Code, requires the seller of residential real estate to complete a form?known as the Seller's Disclosure of Real Property Condition Report?setting forth any known conditions and defects with the property.

By law in the state of Delaware, home sellers are required to disclose any known defects regarding a property before the time of sale. This is to ensure that buyers are protected from buying homes or properties that are, in effect, lemons.

Delaware law requires sellers of residential real property to provide a disclosure report to any potential buyer listing all the material defects that the seller is aware of. Residential real property means a manufactured housing lot or real property that has a residential dwelling for one to four families present.

The property's legal description must be included in the sales contract, because it's more accurate than the property's street address. (Typically, both the legal description and street address are listed in the contract.)