Contracts
Massachusetts law requires the Massachusetts Seller's Statement of Property Condition to be provided:
AOnly for properties built before 1978
BFor all residential property sales as a disclosure form✓ Correct
COnly when the buyer requests it
DOnly for commercial transactions
Explanation
The Massachusetts Seller's Statement of Property Condition is a disclosure form that sellers of residential property are expected to complete, providing buyers with information about known property conditions.
Related Massachusetts Contracts Questions
- When a seller accepts a buyer's offer, the resulting Purchase and Sale Agreement is a:
- A Massachusetts P&S includes a contingency for the sale of the buyer's current home. If the buyer cannot sell their home in time, the buyer may:
- The Massachusetts Statute of Frauds requires that real estate contracts be:
- The 'covenant of seisin' in a Massachusetts warranty deed means the grantor warrants they:
- Under Massachusetts law, an offer that is revoked before it is accepted:
- A real estate contract that is 'void' means it:
- A Massachusetts seller accepts a buyer's offer. Before the P&S is signed, the seller receives a higher offer and wants to back out. Generally:
- A contract is 'rescinded' when:
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