What Are Disclosure and Non-Disclosure States?
What are Non-Disclosure States?
In disclosure states, sellers are typically required by law to disclose certain material defects or issues with the property to potential buyers. These defects might include structural damage, plumbing problems, mold, pests, or any significant issues affecting the property’s value or safety. Disclosure requirements vary by state, but sellers generally complete a disclosure form detailing known issues.
In non-disclosure states, sellers are not legally required to disclose such information. However, sellers cannot deceive or misrepresent the property’s condition, as this could lead to legal liability.
Buyers must conduct due diligence, including hiring a home inspector and reviewing available documentation (property records, inspection reports). They should also ask sellers questions about any concerns.
While there isn’t a comprehensive list of non-disclosure states, all states have some level of disclosure requirements. The specifics and extent of these laws vary by state.
It’s important to consult with a real estate professional or legal expert to understand the disclosure requirements in the state where you’re buying or selling property.
List of non-disclosure states:
- Alaska (AK)
- Idaho (ID)
- Kansas (KS)
- Missouri (some counties) (MO)
- Mississippi (MS)
- Louisiana (LA)
- Wyoming (WY)
- Utah (UT)
- Texas (TX)
- North Dakota (ND)
- New Mexico (NM)
- Montana (MT)
PropertyScout.io through a internal algorithm provides an estimated market value, even on Non-Disclosure states. This estimate is created to provide our users with the closest possible number to the sale price
