Important things to disclose when selling a home in New Jersey

On Behalf of | Jul 12, 2024 | Real Estate Law |

When selling a home in New Jersey, it’s crucial to ensure full transparency with potential buyers. Disclosures protect both parties and uphold legal requirements. 

Here are the important things you should disclose when selling a home in New Jersey

Property Condition

Potential buyers have the right to know about the condition of your property. Disclose any defects or issues, such as:

  • Structural problems
  • Water damage or leaks
  • Issues with plumbing, electrical systems, or HVAC
  • Roof damage or leaks
  • Pest infestations
  • Mold or environmental hazards

Even if repairs were made, disclose previous problems and the steps to address them.

Legal and Title Issues

Ensure no legal disputes or title problems could affect the sale. Disclose:

  • Liens against the property
  • Easements or right-of-way agreements
  • Property line disputes
  • Zoning violations or non-compliance issues

Buyers need clear titles and assurance that they won’t inherit unresolved legal matters.

Environmental Concerns

New Jersey has strict environmental regulations. Disclose any known environmental hazards, such as:

  • Asbestos
  • Lead-based paint (for homes built before 1978)
  • Underground oil tanks
  • Radon levels (if tested)
  • Flood zone designation

Provide documentation from environmental assessments or remediation efforts.

Previous Repairs and Renovations

Buyers want to know about upgrades and renovations. Disclose:

  • Permits obtained for renovations
  • Age and warranties of major systems (e.g., HVAC, roof)
  • Any recent renovations or additions

This information assures buyers of the property’s history and potential maintenance needs.

Neighborhood and Community Issues

Disclose any neighborhood nuisances or community issues that could impact living conditions, such as:

  • Noise disturbances
  • Homeowners’ association rules and fees
  • Pending construction projects nearby

Buyers value transparency about the community they are moving into.

By disclosing these critical details, you protect yourself from legal repercussions and build trust with potential buyers. Working with a qualified real estate agent can also ensure you adhere to New Jersey’s disclosure laws and present your property in the best light possible. Transparency fosters a smoother transaction process and helps buyers make informed decisions about purchasing your home.