North Carolina Residential Property Disclosure Statement

This document produces a complete North Carolina Residential Property Disclosure Statement compliant with the North Carolina Residential Property Disclosure Act, NC General Statutes §47E-1 through §47E-8 (NCREC-approved form guidance).

Under the Residential Property Disclosure Act (GS §47E), sellers of residential real property improved with one to four dwelling units must deliver a completed and signed disclosure statement to the buyer prior to the buyer signing a binding contract of sale. The buyer has three (3) calendar days after receipt of the disclosure (or after the contract is signed if disclosure was not previously provided) to rescind the contract by delivering written notice to the seller or the seller's agent.

The disclosure is based on the seller's actual knowledge and is not a warranty or substitute for professional inspections. Sellers must answer honestly; they are not required to conduct investigations or tests beyond their knowledge.

Federal law requires lead-based paint disclosures for target housing built before 1978., -

PROPERTY AND SELLER IDENTIFICATION

Date Prepared: [[Date Prepared]]

Seller Name(s): [[Seller Full Legal Name(s)]]

Property Address: [[Street Address]]
[[City]], North Carolina [[ZIP Code]]

County: [[County]]

Parcel / Tax ID: [[Tax Parcel Identification Number]]

Type of Property: [[Single Family / Duplex / Triplex / Fourplex / Condominium / Townhouse]]

Year Built (approx.): [[Year Built]]

Seller has owned the property since: [[Year or Date Seller Acquired]]

Property is currently: [[Owner-occupied / Tenant-occupied / Vacant / Other]], -

SELLER'S DISCLOSURE OBLIGATION NOTICE

Pursuant to NCGS §47E, the seller of qualifying residential property (1-4 units) must provide this completed disclosure statement to the buyer before the buyer becomes obligated under a contract of sale. If the seller fails to provide the statement before the buyer signs the contract, the buyer may rescind the contract within three (3) days after the buyer receives the statement or after the contract is signed, whichever is later.

The buyer is strongly advised to have the property inspected by qualified professionals (home inspector, pest inspector, etc.) and to review all available records, permits, surveys, HOA documents, and environmental reports.

This report is based solely on the Seller's actual knowledge as of the date signed. It is not a warranty. It is not a substitute for a professional home inspection. Sellers who intentionally misrepresent or fail to disclose known material defects may be liable for damages., -

DISCLOSURE QUESTIONS

Answer each question based on your actual knowledge. If you do not know or the condition does not apply, indicate "Unknown" or "N/A". Provide explanations and attach reports where indicated.

1. Structural and Foundation

a. Are you aware of any defects, cracks, settling, or movement in the foundation, floors, walls, or roof?
[[Yes / No / Unknown]]

If yes, describe: [[Description and location]]

b. Has the property experienced water intrusion, leaks, or moisture problems in the basement, crawlspace, attic, or walls?
[[Yes / No / Unknown]]

Details: [[Description]]

c. Are you aware of any past or present structural repairs, foundation work, or roof replacements?
[[Yes / No]]

Details and dates: [[Description]]

2. Systems and Mechanical

a. Are you aware of any defects in the heating, ventilation, or air conditioning (HVAC) system?
[[Yes / No / Unknown]]

b. Are you aware of any defects in the electrical system, wiring, or service panel?
[[Yes / No / Unknown]]

c. Are you aware of any defects in the plumbing system, water heater, or fixtures?
[[Yes / No / Unknown]]

d. Are you aware of any defects in the septic system, sewer connection, or private water well?
[[Yes / No / N/A]]

If applicable, date of last inspection/pump: [[Date]]

3. Roof and Exterior

a. Age of roof (approximate): [[Years or "Unknown"]]

b. Are you aware of any current leaks, past repairs, or need for roof replacement within the next 2 years?
[[Yes / No / Unknown]]

c. Are you aware of any defects in siding, windows, doors, or exterior paint/stucco?
[[Yes / No / Unknown]]

4. Environmental Hazards and Conditions

a. Are you aware of any hazardous substances on or affecting the property (asbestos, lead-based paint, radon, mold, underground storage tanks, chemical contamination, or other)?
[[Yes / No / Unknown]]

Details: [[Description]]

b. Has the property been tested for radon, asbestos, mold, or other hazards?
[[Yes / No]] Results: [[Attach reports or describe]]

c. Is the property located in a flood zone, floodway, or area with drainage or erosion issues?
[[Yes / No / Unknown]]

d. Are you aware of any past or present underground storage tanks, landfills, or environmental cleanups on or near the property?
[[Yes / No / Unknown]]

5. Pests and Wood-Destroying Insects

a. Are you aware of any current or past infestation by termites, carpenter ants, or other wood-destroying insects?
[[Yes / No / Unknown]]

b. Has the property been treated or inspected for wood-destroying insects?
[[Yes / No]] Date of last inspection/treatment: [[Date]] Report attached? [[Yes / No]]

6. Title, Zoning, and Legal Matters

a. Are you aware of any encroachments, easements, shared driveways, or boundary disputes?
[[Yes / No / Unknown]]

b. Are you aware of any violations of zoning, building codes, or HOA rules?
[[Yes / No / Unknown]]

c. Are you aware of any pending or threatened legal actions, liens, assessments, or claims affecting the title?
[[Yes / No / Unknown]]

d. Is the property subject to any rental restrictions, short-term rental ordinances, or historic district rules?
[[Yes / No / Unknown]]

7. Homeowners Association / Condominium

a. Is the property subject to an HOA, POA, or condominium regime?
[[Yes / No]]

If yes: Name of association: [[Name]]

Monthly/annual dues: $[[Amount]]

Are there any special assessments pending or planned? [[Yes / No]] Amount: $[[Amount]] Purpose: [[Purpose]]

Are you aware of any pending or anticipated major repairs or capital projects? [[Yes / No]] Details: [[Description]]

b. Has the association or board notified you of any violations or required repairs to the unit or common elements?
[[Yes / No / N/A]]

8. Additions, Alterations, and Permits

a. Have any additions, renovations, or structural changes been made to the property during your ownership?
[[Yes / No]]

If yes, describe and indicate whether permits were obtained: [[Description]]

b. Are you aware of any unpermitted work or work that does not meet current codes?
[[Yes / No / Unknown]]

9. Appliances and Personal Property Conveyed

List major appliances and systems included in the sale (condition noted as known):

10. Other Known Material Facts

Are you aware of any other material defects, conditions, or facts that a reasonable buyer would want to know before purchasing (e.g., neighborhood nuisances, prior insurance claims, prior flooding, death on property, etc.)?

[[Yes / No]]

If yes, describe in detail: [[Full description]], -

SELLER'S CERTIFICATION

I/We, the undersigned Seller(s), certify that the information provided in this disclosure statement is true and correct to the best of my/our actual knowledge as of the date signed below. I/We understand that this disclosure is not a warranty and that the buyer will rely on professional inspections in addition to this statement.

Seller Signature(s):

_______________________________________________ Date: [[Date]]
[[Seller 1 Full Printed Name]]

_______________________________________________ Date: [[Date]]
[[Seller 2 Full Printed Name (if applicable)]], -

BUYER'S ACKNOWLEDGMENT AND RESCISSION NOTICE

Buyer Acknowledgment

I/We, the undersigned Buyer(s), acknowledge receipt of this completed Residential Property Disclosure Statement on [[Date Received]].

I/We understand that:

• This statement is based only on the Seller's actual knowledge.

• I/We have the right to have the property inspected by qualified professionals at my/our expense.

• I/We have three (3) calendar days after receipt of this disclosure (or after the contract is signed if not previously provided) to rescind the purchase contract by delivering written notice of rescission to the Seller or Seller's agent.

• Failure to rescind within the three-day period constitutes a waiver of the right to rescind based on this disclosure.

Buyer Signature(s):

_______________________________________________ Date: [[Date]]
[[Buyer 1 Full Printed Name]]

_______________________________________________ Date: [[Date]]
[[Buyer 2 Full Printed Name (if applicable)]], -

RESCISSION NOTICE (TO BE USED IF BUYER ELECTS TO RESCIND)

NOTICE OF RESCISSION

To: [[Seller Full Name(s)]]

Property: [[Property Address]]

I/We hereby rescind the purchase contract for the above property pursuant to NCGS §47E, having received the Residential Property Disclosure Statement on [[Date Received]].

This notice is delivered within three (3) calendar days of receipt of the disclosure.

Buyer Signature(s):

_______________________________________________ Date: [[Date]]
[[Buyer Name(s)]]

Delivery Method: [[Hand delivery / Certified Mail / Email (if authorized) / Other]], -

ADDITIONAL DISCLOSURES (IF APPLICABLE)

Lead-Based Paint Disclosure (Pre-1978 Housing)

If the property was built before 1978, federal law requires:

• Disclosure of known lead-based paint and/or lead-based paint hazards.

• Provision of the EPA pamphlet "Protect Your Family From Lead in Your Home."

• Ten-day opportunity for buyer to conduct lead inspection (unless waived).

Built before 1978? [[Yes / No]]

Seller's knowledge of lead-based paint/hazards: [[Known / Not known / None disclosed]]

Records and reports available: [[List or "None"]]

Buyer acknowledges receipt of pamphlet and opportunity to inspect.

Private Water / Septic Addendum (if applicable)

If the property is served by a private well or septic system, additional disclosures and inspections may be required or recommended under North Carolina law and local health department rules., -

North Carolina Residential Property Disclosure Act Summary Table

Step-by-Step Instructions for Completing and Using This Disclosure

1. Confirm applicability. Verify the property is residential with 1-4 units and not exempt under §47E-2.

2. Answer honestly based on actual knowledge. Do not guess. Use "Unknown" where appropriate.

3. Attach supporting documents. Include inspection reports, repair invoices, environmental test results, HOA statements, etc.

4. Sign and date. Seller(s) must sign before delivery.

5. Deliver to buyer before contract signing. Retain proof of delivery (signed acknowledgment or email/certified mail receipt).

6. If contract already signed without disclosure. Buyer has 3 days from receipt to rescind by written notice.

7. Buyer reviews and decides on inspections. Strongly recommend professional home, pest, and (if pre-1978) lead inspection.

8. If buyer rescinds. Deliver written notice within 3 days; deposit handling follows the contract terms.

9. Retain copies. Keep signed disclosure and proof of delivery for the transaction file and statute of limitations period.

10. Real estate agents. Agents should ensure timely delivery and document receipt; they have separate duties under license law., -

Common Mistakes and How to Avoid Them

1. Delivering after contract signing without informing buyer of rescission right
Provide the statement and the 3-day clock explanation in writing.

2. Answering "No" when the seller has actual knowledge
Answer based on what you actually know. "Unknown" is safer than a false negative.

3. Failing to attach reports
Attach any known test results or repair documentation.

4. Omitting HOA or special assessment information
Disclose all known assessments and pending projects.

5. Ignoring lead paint requirements for pre-1978 homes
Complete the separate federal disclosure and provide the pamphlet.

6. Using an outdated form
Use current NCREC guidance or this equivalent as of June 2026., -

Disclaimer and Sources

Template, not professional legal advice. This template provides general guidance on North Carolina Residential Property Disclosure Act requirements as of June 2026. It is not a substitute for advice from a licensed North Carolina real estate attorney or broker. The NCREC may update the approved form. Consult current statutes, the North Carolina Real Estate Commission, and qualified professionals. Invented values are tagged `[[merge fields]]`.

Sources (as of June 2026):
- North Carolina General Statutes Chapter 47E (Residential Property Disclosure Act)
- North Carolina Real Estate Commission (NCREC) guidance and forms
- NCGS Chapter 42 (Landlord and Tenant) cross-references where relevant
- Federal Residential Lead-Based Paint Hazard Reduction Act (42 U.S.C. § 4852d)
- Local health department rules for wells and septics, -

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