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    Seller’s Disclosure – Rule of Thumb for Inherited Property
    What are the rules when you are selling a house you’ve never owned? The disclosure forms are always a bit tricky for my clients in this regard. In normal circumstances the seller who is transferring the property would be required to provide all prospective buyers with any facts materially affecting the value and desirability of the property. Since the previous resident is deceased there is no way that those disclosures can be made.   1. As Is Addendum The seller in the case of inherited property could be the personal representative, trustee, or the heirs of the decedent. If you are selling a property “as is” then I...