When must the seller receive the Seller’s Disclosure of Property Condition in Indiana?

The seller must provide the Seller's Disclosure of Property Condition before the acceptance of any offer in Indiana. This requirement is essential because it ensures that potential buyers are fully informed about the condition of the property before they decide to submit an offer. The disclosure document includes important details regarding the property's physical condition, any known defects, and other relevant information that could impact the buyer's decision-making process.

Providing the disclosure before accepting an offer reflects the state's commitment to transparency and fairness in real estate transactions, allowing buyers to make informed choices based on the property’s condition. Delivering this disclosure at this stage helps to foster trust between the buyer and the seller and can also serve to limit liability for the seller by ensuring buyers are aware of any issues upfront.