Material Facts Disclosure
|Transactions When Required|
|5+ Units Sale||TDS|
|Personal Property Mobile/Manufactured Home Sale||MHTDS|
|Standard Home Sale||SPQ|
|Vacant Land Sale||ESD|
The seller must disclose any "material" facts affecting the value or desirability of the property.
When unsure of whether a fact is "material", some sellers will air on the side of caution and disclose the fact to the buyer so as to minimize their legal exposure. Disclosure in writing is always recommended.
Cal. Civ. Code §§ 1102 et seq