Get Fl Fshp Disclosure Declaration Form 2014-2024

The purpose of “disclosure” is to make sure that both or all parties know of all documents that have a bearing on the case.. Here, “document” means any form of recorded information, not just writing on paper. It includes, for example, pictures, emails, mobile phone texts, social networking messages or video-clips.

A Florida property disclosure statement is a form provided to a home buyer that reveals the seller's knowledge of material damage affecting the value and desirability of the property. The form identifies defects with the home itself and any legal issues or restrictions the property is subject to.

Florida law requires sellers to disclose any issues they know about that materially affect the value of a home or property. This requirement applies even if the buyer does not ask whether the seller knows about defects.

Under Florida law, a buyer can sue for damages, and even rescind a transaction, where a seller or real estate agent doesn't reveal a known material problem with the home prior to purchase.

Under Florida law, a Seller will not be held liable for everything he/she fails to disclose to a buyer. Only “material” misrepresentations will support a fraud claim. Additionally, the damage to the value of the property must be proven; it can't be speculative or subjective.

While a seller's property disclosure form is not required under Florida law, Florida law does require seller's and their realtors to disclose any significant property defects that may not be easily visible to the buyer. Buyers still have the responsibility to have the property inspected.