Who is entitled to receive a copy of the Residential Real Estate Sales Disclosure Form?

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The correct answer is that buyers submitting an offer are entitled to receive a copy of the Residential Real Estate Sales Disclosure Form. This document is crucial for potential buyers as it provides important information about the property, including its condition and any known issues that might affect its value or the buyer's decision to purchase. The disclosure ensures transparency and helps protect the interests of the buyers by informing them of any material defects or risk factors associated with the property.

While home inspectors, appraisers, and real estate agents may have legitimate reasons for needing information about the property, they do not have the same entitlement to this specific form as buyers do when they are considering making an offer. Home inspectors typically receive the form once an offer is accepted to help them conduct their inspections, while appraisers would not directly deal with the form but rather rely on disclosed information for their evaluations. Real estate agents listing the property may have access to this information for their transactions, but it is primarily the buyers who are protected under Indiana law regarding disclosures, as they need to make informed decisions.

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