Termite Damage Disclosure
Legal obligations to disclose termite damage by law you have to disclose the presence of termites if you are selling a termite damaged home.
Termite damage disclosure. We have recently discovered after doing some deep property cleaning that the sellers purposely hid major termite damage on all kitchen base cabinets. Regardless of the level of severity it s important to note termite damage when selling a home. Your responsibilities as a seller when selling your home you are required by law to disclose any termite activity or damage you are aware of. Home sellers should be responsible enough to share with potential new owners any termite activity or damage before closing the sale.
Benefit of termite damage disclosure benefit of termite damage disclosure in mount gravatt a southern suburb of brisbane an important factor in helping the sale of this property go through smoothly in a recent building inspection carried out by peter weddell owner operator of qld home buyers inspection service. Disclose known issues make repairs to remedy any termite damage and sell your house on the open market with a warranty. Let s cover both routes and how to best proceed shall we. Texas law requires sellers to disclose active termites or other wood destroying insects termite or wood rot damage in need of repair previous termite damage and previous termite treatment.
The sellers apparently glued a false top over the original base and painted it. It s also true that past termite infestation can decrease the resale value of a home regardless if termites are gone for many years. A home inspection will detail the damage and severity. The state requires the use of a standard seller s disclosure form that you must fill out and provide to potential buyers and you must note any known problems including the presence of termites.
You can also protect yourself by paying for another termite inspection. If your home has been previously treated for termite damage you should disclose this to the buyers. This article covers basic repair as it relates to termite damage to drywall that could be caused by virtually anything including water damage to drywall. Other rodent infestations should also be disclosed.
However termite damage disclosure is required by law in some countries. If you believe there are termites and don t act a buyer can take legal action against you. Legal issues such as a property lien or bankruptcy should be disclosed as well.