Buyers need to know. In my last post I covered facilities that fall under the Safety Codes of exemption for requiring declosure of their existance in a neighborhood, the list below are some of the items that fall under the standard points of disclosure requirements in California.   

Some sure fire disclosures that you must tell the buyers whether it is a regular sale, short sale, foreclosure, and REOs. (REOs are exempt from TDS disclosures in California).

Points for Disclosure

• in the roof
• in the electrical system
• in plumbing, water heaters or septic tanks
• in heating or air conditioning
• in the swimming pool
• such as cracks, bulges, or water seepage in the foundation or basement
• in any mechanical equipment or appliances being sold with the property
• Infestations by termites or other pests
• Presence of asbestos, lead paint, radon, toxic wastes, underground tanks, or other environmental hazard
  

Other points for  Disclosure

• Disputes over boundary lines, liens, or other encroachments
• Location in a floodplain, wetland, or shoreline
• Awareness of pending changes in zoning, property tax assessments, or special assessments

This is not a complete list but it will give you some ideas of what is expected of agents to disclose to buyers of any property sold in California.