Under North Carolina law, what must a seller provide regarding the property's condition?

In North Carolina, sellers are required to provide a property disclosure statement, which outlines the condition of the property being sold. This document is designed to inform potential buyers about any known issues with the property, including structural problems, environmental hazards, and other significant concerns that could affect the buyer's decision.

The requirement for a property disclosure statement is rooted in North Carolina's Real Estate Commission regulations, emphasizing transparency in real estate transactions. By providing this statement, sellers fulfill their obligation to disclose material facts, ensuring that buyers have the necessary information to make an informed decision.

While other documents such as a survey of the property boundaries, a recent appraisal, or an inspection report may be beneficial in a real estate transaction, they are not mandatory for the seller to provide under North Carolina law. The focus remains on the disclosure statement as a critical tool for buyers to assess the condition and potential issues of the property.