Updated 5/2015. 1  Disaster relief volunteer work with the Red Cross. 2  Sometimes seeing the world just is not enough. 3  There is a gnawing need inside, a pull to do more, to have an impact, to make a difference.  Sometimes, it is hard to sit by and just watch the earthquakes, floods, famine and war unfurl on the news.
As a consequence, wise sellers sometimes give the disclosure statement to the buyer even before the deal is made! As soon as an interested buyer is found, the seller presents the disclosures (of course getting the buyer to sign when they were received).
While laws covering full disclosure and what constitutes a âmaterial defectâ may vary from state to state, the seller is typically obliged to inform the buyer of any defects that may cause injury or that would affect the buyerâs decisions to purchase the home or not.he seller is basically required to disclose material, substantial defects that would affect the buyerâs decision to purchase the property. If a real estate broker or agent are representing the seller, the real estate professional will also have a duty to disclose defects.