Under current real estate protocols it is common for sellers to complete a Property DisclosureStatement (“PDS”) with respect to their home and property. The PDS has over 40 questions which the sellers answer to the best of their ability. From insulation to water supply; from encroachments to heating systems; from pest infestations to the age of the roof, and more. The main purpose of the PDS is to provide the buyer with information about the property and premises. It also protects the seller by establishing what they are, and are not, disclosing. However, it may surprise some to learn that sellers are not required to complete a PDS. Such disclosures are optional, unless it involves a material latent defect. Also, sellers don’t alwaysknow all the answers on the PDS, so buyers should do their own due diligence with their own inspections and research. For all your real estate questions, Call Us FIRST!