What do sellers need to ensure when providing disclosure notices?

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The requirement for sellers when providing disclosure notices is that the notice must reflect the seller's honest belief at the time of completion. This principle is grounded in the idea of good faith and fair dealing in the contractual relationship between the seller and the buyer. Sellers are expected to provide truthful and accurate information regarding the condition of the property. By ensuring that the disclosure is based on their honest beliefs, sellers protect themselves from potential liability and foster transparency in the transaction.

In contrast, including future intentions with the property is not typically relevant in a disclosure notice, as these intentions are speculative and don't reflect the current condition of the property. Aligning statements with current market trends cannot guarantee accuracy concerning the property's condition, as market conditions can change without notice or may not relate directly to the actual property issues needing disclosure. Requiring the notice to be signed by a licensed inspector is unnecessary for a seller's disclosure, as the responsibility lies with the seller to provide an honest account rather than being contingent on an external inspection.

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