The Form That Comes With The House
G.S. 47E-4 — disclose what the owner knows or make no representations, and a cancellation window when it comes late
In North Carolina, the owner furnishes the purchaser a residential property disclosure statement on the Real Estate Commission's standard form. On each item it either discloses what the owner actually knows, or states that the owner makes no representations except as the contract provides.
- Water supply and sewage disposal.
- Roof, chimneys, floors, foundation, basement and other structural parts.
- Plumbing, electrical, heating, cooling and other mechanical systems.
- Wood destroying insects, and zoning, covenants, building codes and encroachments.
- Lead-based paint, asbestos, radon, underground tanks and other contamination.
When it is due. No later than the time the purchaser makes an offer. If it is not delivered by then, the purchaser may cancel the contract, by written notice, before the end of the third calendar day after receiving the statement or after the contract was made, or before settlement or occupancy, whichever comes first, and gets any deposit back.
Corrections and reports. An owner who discovers a material inaccuracy promptly delivers a corrected statement. An owner who attaches a report from a public agency or an expert is not liable for its errors if the reliance was reasonable and the owner was not grossly negligent.
Fraud and misrepresentation claims outside the disclosure law are not on this page. Whether a particular defect had to be disclosed, and what a buyer or seller can recover, are questions for a licensed North Carolina attorney.
Sources for this section (4)
- G.S. 47E-4 — Required disclosures
- G.S. 47E-5 — Time for disclosure; cancellation of contract
- G.S. 47E-6 — Owner liability for disclosure of information provided by others
- G.S. 47E-7 — Change in circumstances
Legal information, not legal advice. Verified as of September 2026. Applying it to a particular situation is the work of a licensed North Carolina attorney.