Whose responsibility is it to complete the Seller's Residential Real Estate Sales Disclosure form in Indiana?

The responsibility to complete the Seller's Residential Real Estate Sales Disclosure form in Indiana lies with the seller. This form is designed to provide potential buyers with clear information about the condition of the property, disclosing any known defects or issues.

The reason the seller is tasked with this duty is rooted in the principle of transparency in real estate transactions. The seller is the party most familiar with the property's history and condition, thus they are in the best position to provide accurate information regarding any repairs, improvements, or existing problems.

This requirement establishes a clear line of accountability for the information provided to buyers, ensuring that they have all relevant details needed to make informed decisions. Real estate agents, buyers, and appraisers have different roles in the transaction, such as facilitating the sale or providing opinions on value, but the legal obligation to disclose property conditions falls squarely on the seller.