Boston Condo Sellers: Items You Must Disclose When Selling A Boston Condo Boston Condos For Sale Ford Realty

If you are thinking about selling your Boston Beacon Hill condo, here are a list of items you must disclose:

1. Homeowners Association

Potential Boston buyers of your condo are entitled to learn about the authority your condo assocaition has over the dwellings and common areas. Your downtown Bosotn condo professional agent will instruct buyers, particularly those who are new to condos, about the condo association details, but specific disclosures must be made in writing.

2. Environmental Hazards

As a Boston condo seller, you must disclose any knowledge of hazardous substances such as contaminated water, radon concentration, asbestos, spills, or even the presence of old lead paint. Furthermore, the buyers also can request a copy of a state pamphlet about environmental hazards.

3. New Construction Maintenance

If your Boston condominium board approved the construction of a balcony divider that you and your neighbor agreed to maintain, you must disclose this arrangement to buyers.

4. Structural Modifications

If you changed the floor plan of your unit without permissions from the condominium association, you must disclose the modification. An example would be a room divider that is permanently attached to the floor, wall, or ceiling.

5. Common Interest Developments

In the case of future developments approved by the condominium board or the condo association, they must be disclosed, particularly if contributions are expected from unit owners. An example would be a downtown condominium tower that will be connected to a commercial building via an elevated footbridge.