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The Sellers' Property Disclosure


Review the SPDS Carefully


Most sellers provide a Sellers' Property Disclosure form within a few days of an accepted contract to purchase. This document is referred to as the "SPDS".

This document covers a variety (but not all) questions for the seller to answer about the property and its condition-- what he materially knows. A buyer should carefully review the SPDS and verify those statements of concern. A sample of the Arizona Association of REALTORS® S.P.D.S. may be found at ADRE.

The ADRE advises: “Read the seller's property disclosure report, and check every item on it. Ask to see receipts for repairs to the home. Look behind large pictures on the wall and behind anything on the floor which conceals large areas of the wall. Look for stains on the ceilings or carpets that might indicate water damage. Read the purchase contract carefully to determine if there are any deadlines for challenging the seller's disclosure report or for having your own inspections conducted.”

Remember, your review of the S.P.D.S. is not a substitute for professional inspections.