Does a buyer have to disclose a bankruptcy?

Answer A buyer applying for a loan will need to disclose a bankruptcy to the lender, but not to the seller or seller's agent, if real estate is involved. The bankruptcy will show up on a credit report. Yo... Read More »

Top Q&A For: Does a buyer have to disclose a bankruptcy

Does a realtor in Florida have to disclose that a buyer is a relative?

Florida Statutes, Chapter 475, sections 475.001-475.5018 reaffirm the duties imposed by the Code of Ethics of the National Association of Realtors by providing that Realtors must fully disclose in ... Read More »

Do both the buyer and co-buyer have to be on same insurance policy even if one never drives the car?

AnswerAs the co-signer has a financial interest in the property, meaning if something happens to the vehicle he can be made to pay "All" the bills, Then he should certainly be insured on the policy... Read More »

Does a seller have to disclose the removal of asbestos?

In the United States, the federal government's Environmental Protection Agency (EPA) does not regulate real estate transactions, nor does it require that the seller of a property disclose the prese... Read More »

Does a car dealer have to disclose unibody damage?

Unibody damage, or damage to the frame of the car, can affect the way the car operates as well as its safety. For this reason, the law requires a car dealer to disclose unibody damage to potential ... Read More »