Real estate disclosure agreements are a method that buyers can use to obtain crucial information before purchasing a home. Also known as real estate disclosure statements, these documents outline any work that has been performed on the house, previous damage, and other insights into the history of the home. Potential buyers can use the information provided by a disclosure agreement to help determine if they should submit an offer and proceed with the purchase, or if they should look elsewhere.
As experts in real estate and conveyancing, the team at Sidhu & Associates understands the importance of disclosure agreements. That is why we offer detailed review services and other options to help you understand the information in an agreement. Knowing how notaries can help with real estate disclosure agreements will ensure you have the knowledge you need to make an informed purchasing decision.
Learn more about what real estate disclosure agreements are.
Why use a Notary for Real Estate Disclosure Agreements?
Notaries can do much more than notarize important legal documents. The benefits of using a notary to help with real estate disclosure agreements include:
Access to all Relevant Information
A notary has access to a wealth of information that can be compiled into a complete report on the history of the home. This ensures that you know about any major repairs, projects, or environmental damage that may have occurred in a home, even if they occurred before the current owner lived there. We can also inform you of any liens on the property, neighbourhood disputes, and other important information. This ensures that you have everything you need to make an informed purchasing decision.
Detailed Review of Documents to Ensure Accuracy
An experienced notary understands the intricacies of legal documents and has a keen eye for detail. We can identify any concerning elements or help you understand sections that might be written in an intentionally complex manner. A detailed review from a notary can also determine if all information disclosed is accurate and complete, ensuring that nothing is missed. This is especially true for developer disclosure statements when purchasing a newly developed property.
To learn more about how a notary can help with real estate disclosure agreements and other aspects of the conveyance process, reach out to the experts at Sidhu & Associates. We will work with you to ensure that you have the resources you need to make an informed purchasing decision.