Who is primarily responsible for completing the Real Estate Disclosure Statement?

The property owner is primarily responsible for completing the Real Estate Disclosure Statement. This document is essential as it provides potential buyers with pertinent information about the property, including its condition and any known issues or defects. The owner's disclosures will typically encompass aspects such as past repairs, the presence of hazardous materials, and any legal non-conformities related to the property.

While real estate agents certainly play a crucial role in facilitating the transaction and ensuring that all necessary documentation is in order, it is ultimately the responsibility of the property owner to accurately represent the condition of their property. Buyers, lenders, and agents may all need to review the disclosures, but they are not responsible for filling out the statement themselves. This underscores the legal obligation of property owners to be transparent about their property’s condition and any factors that may influence a buyer's decision.