When to Complete a Seller’s Disclosure Statement – ​​Macomb Daily

Q: Received a low price offer on our condo. We told the agent that we would not accept or object to it. As a matter of fact, we told the agent that we weren’t going to respond. The buyer’s agent came back and said we had to decline the offer in writing.

A: No, it’s not. Seller is under no legal obligation to decline an offer in writing and is not required to respond to an offer if it does not wish to do so.

Q: I am the executor of my mother’s estate and have questions about the Michigan Seller Disclosure Statement. For the last 16 months, I lived at home and took care of her mother until she passed away. I am not the property owner. Do I need to complete a Seller’s Disclosure Statement or am I exempt because it is a sale of real estate?

A: I am glad you asked this question before putting your mother’s house up for sale and potentially put yourself and your property at risk. When (selling). Sellers/executors/personal representatives, etc. are exempt from completing a Seller Disclosure Form unless they lived in the property without title. (Also known as a resident/non-resident trustee.) As always, consult an attorney when dealing with legal matters. Especially real estate. Yes, you lived in (occupied) the home and must complete the seller’s disclosure statement.

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