Florida Real Estate Disclosures

Mandatory Disclosures Required With ever increasing mandatory disclosure obligations being placed on sellers of real estate, it can be difficult to keep-up with new requirements. Below is a summary of disclosures required in residential transactions (1-4) units. Many of these disclosures are required on commercial transactions also. Local residential disclosures may exist also, therefore it is always prudent to inquire about such requirements before escrow closes. Required Disclosures TDS (Transfer Disclosure Statement) The law requires a seller to provide prospective…

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