Ohio Sellers: Required Documents for a Smooth Sale
Whether you’re selling your home with or without an agent, Ohio law requires specific documents to ensure compliance and transparency. These include:
- Residential Property Disclosure Form: A detailed disclosure of the home’s condition, including any known defects.
- Lead-Based Paint Disclosure (for homes built before 1978): A federally mandated form that informs buyers about potential lead-based paint hazards.
- Seller’s Affidavit: A sworn statement that confirms your ownership and ability to sell the property.
- Deed Transfer Document: Used to officially transfer the title of the property to the buyer.
- Payoff Information: Documentation showing the remaining balance of any mortgages or liens on the property.
- Homeowners Association (HOA) Documents (if applicable): Includes rules, regulations, and fees associated with the property.
- Purchase Agreement: A legally binding contract outlining the terms of the sale.
- Closing Statement (HUD-1 or Closing Disclosure): A detailed summary of all financial transactions related to the sale.
Completing and managing these documents can be overwhelming. A professional real estate agent not only ensures every detail is handled correctly but also coordinates with affiliates—such as lenders, title companies, and inspectors—to simplify the process and avoid potential legal pitfalls.
