VIEW ARTICLE
PREVIOUS ARTICLE
VIEW PREVIOUS
Posted: Tuesday, September 26, 2023
Author: Vinny Delgado, Partner, Ranch Sales | Licensed in MT
Dear Vinny,
I'm in the process of selling my ranch, and my real estate agent has requested that I fill out a property disclosure form. I'm curious about the necessity of this document – why is it essential for me to provide such information to potential buyers? I'm concerned that disclosing any issues or problems might deter potential buyers rather than attracting them. Could you please explain the reasons behind this requirement and how it affects the selling process?
Dear Forms,
Property Disclosures are required in the State of Montana for any listing (except raw land). Property Disclosures are great because they provide a space where Sellers can disclose what they know about their property to potential Buyers. We recommend that Sellers fill out the Property Disclosure as thoroughly as possible. Yes, something on the Property Disclosure may spook a potential Buyer. However, that probably means that is not the right Buyer for your property! It is important to be as honest as possible, whether you are the Seller or the agent so that the Buyer knows everything you know about the property. If a Buyer finds out you (Seller or agent) did not disclose something about the property, that could turn into a sticky situation later on, and they could even try to sue you for damages.
Posted: Tuesday, June 20, 2023
Author: Vinny Delgado
Dear Vinny, I recently found my perfect property and am moving forward with finding an agent to purchase the property. I have been asked to sign a brokerage disclosure form...
Posted: Tuesday, June 04, 2024
Author: Vinny Delgado
Dear Vinny, I am interested in purchasing a property next to a river. However, I've noted that the area does not have existing flood maps. Given this lack of flood...
Posted: Thursday, March 09, 2023
Author: Michael Hamblin
WINDS OF CHANGE As wind turbines begin to line the horizon among America’s heartland, many rural landowners are being approached with an opportunity to lease their land for wind energy...
