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When doesn't the Seller's Disclosure Act Apply?
The Act does not apply to:
- Transfers pursuant to a court order
- Transfers to a mortgagee by a mortgagor or successor in interest who is in default
- Transfers as a result of a foreclosure proceeding
- Transfer's by fiduciaries who do not occupy the property (personal representatives, guardians, and conservators.)
- Transfers between co-tenants
- Transfers to a spouse, parent, grandparent, child, or grandchild
- Transfers between spouse as the result of a judgment of divorce
- Transfers or exchanges from any governmental entity (tax sale properties)
- Transfers of newly constructed homes by licensed contractors