What must a seller’s disclosure statement include in Pennsylvania?

In Pennsylvania, a seller's disclosure statement is a crucial document that provides potential buyers with relevant information about the property being sold. The inclusion of information about the condition of the property is essential because it helps buyers make informed decisions regarding their purchase. This condition can encompass various aspects, such as structural integrity, plumbing, electrical systems, and any known issues or defects.

Transparency regarding the property's condition is not only a legal obligation in many jurisdictions, including Pennsylvania, but it also fosters trust between the buyer and seller. By ensuring that potential buyers have access to this information, sellers can mitigate the risk of disputes after the sale related to undisclosed problems.

Additional details like a guarantee of market value or a list of previous owners, while they might be relevant in certain contexts, are not required components of a seller’s disclosure statement in Pennsylvania. Likewise, while neighborhood safety may influence a buyer's decision, it is generally considered outside the scope of what must be disclosed in this particular legal document.