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Do I have to share an inspection report from a buyer who terminated the contract?

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A man and woman pulling a for sale sign with a sold rider on it with a child running in the background

03/22/2016 | Author: TAR Legal Staff

My house was under contract with a buyer who just terminated the contract. She had an inspection done prior to termination, and she gave me her inspection report since she wanted to negotiate a few repairs. Now that I have the report, do I have to share it with prospective buyers?

Although you’re not required by law to provide the inspection report, you are legally required to disclose any information in it that pertains to material property defects. And whether you read it or not, you’re charged with information in the report. It’s a good idea to provide any prior inspection reports—including this one—that you are in possession of to prospective buyers. In fact, the TAR Seller’s Disclosure Notice (TAR 1406) instructs you to attach copies of any inspection reports you have from the last four years.

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Categories: Legal
Tags: legal, sellers, forms, disclosure, consumers

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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

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