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Caveat Venditor - Expanding Disclosure Obligations of Residential Real Property Vendors

Caveat Venditor – Expanding Disclosure Obligations of Residential Real Property Vendors

California has enacted several new laws and revised existing statutes that impact sellers’ disclosure requirements. These developments affect not only sellers of residences with one to four dwelling units, who must complete a Transfer Disclosure Statement (“TDS”), but also those who are exempt from completing a TDS.