What does a seller need to disclose to a potential buyer?

A seller must disclose property defects and material facts that could significantly affect a buyer's decision to purchase the property. This requirement is grounded in the principle of transparency and ethics in real estate transactions. Sellers have a legal and moral obligation to ensure that buyers are fully informed about issues that could impact the property's value or the buyer's comfort and safety.

For example, if there are known issues such as plumbing problems, foundational concerns, or past pest infestations, the seller must disclose these to avoid misleading the buyer. This is crucial because undisclosed defects could lead to costly repairs for the buyer and potential legal repercussions for the seller.

While personal opinions about the neighborhood or only providing the price may seem relevant, they do not fall under the legal obligations of disclosure. Additionally, merely sharing information that the buyer explicitly requests does not meet the comprehensive disclosure requirements expected from sellers in real estate transactions. Thus, the emphasis is on the necessity of providing full disclosure of material facts, which is why this choice is the most appropriate.