Seller's Property Disclosures

Some sellers are reluctant to provide a SPDS. However, where a seller of real property knows of facts materially affecting the value of the property that are not readily observable and are not known to the buyer, the seller is under a duty to disclose those facts to the buyer.
However, Sellers and Listing Brokers are not obligated to disclose that a property has been the site of a natural death, suicide, homicide, or any crime classified as a felony, nor that the property was owned or occupied by a person exposed to HIV, or diagnosed as having AIDS or any other disease not known to be transmitted through common occupancy of real estate, nor that the property is located in the vicinity of a sex offender.