Selling Your Home

What do I have to disclose when selling my home?

By Steve Lockhart

The short answer

Nevada requires a residential seller to deliver a written property disclosure describing what the seller knows about the home's condition.

Full answer

Nevada requires a residential seller to deliver a written property disclosure describing what the seller knows about the home's condition. That covers known water damage, roof or structural concerns, mechanical issues, unpermitted work, pests, and similar matters, plus the homeowner association when one applies. The disclosure turns on the seller's honest knowledge. If you know about a material problem, it must make it onto the paper, not stay in conversation. What you honestly do not know, you state that you do not know, the reason a pre-listing inspection and the buyer's own inspection exist. The buyers always have the right to an inspection. The discipline is also timing, delivering the form at the right stage and amending it when new facts appear. Full disclosure, in writing, keeps a sale from becoming a dispute later and protects your record. It is good practice and good law to tell the whole truth in the form.

Go a little deeper

Frequently asked

Questions sellers often follow up on

What if I honestly do not know about an issue?

The disclosure asks for your true knowledge, and the honest answer when you genuinely do not know is that. Disclosures are not a guessing game; they are an accurate report of what you know, and the buyer's inspection is there to find what is undiscovered.

Can the buyer have an independent inspection?

Yes, and nearly every resale includes an inspection period. The disclosure tells the buyer what you know, and the inspection discovers the rest. Both are normal and both protect the transaction.

What is a material defect?

A condition that significantly affects the value, use, safety, or livability of the home, or that a reasonable buyer would care about. It is a judgment, not a clean line. When you wonder whether to say it, the honest and safe answer is yes.

The Lockhart Method

Your Home | My Strategy | Proven Results

My strategy: complete and truthful disclosure is protection, not a weakness. I make sure the form is done and timed correctly, the buyer's inspection plays its part, and any findings get a resolution inside the transaction, so nothing expensive is left for later.

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