Seller Property Information Statement

Is a tool that would indicate any issues with a property. Filing out the 19 question standardized form may soon be mandatory for every sale, in Manitoba. Currently in Ontario, the 48 question form is not mandatory, but may soon be so.

Agents and real estate lawyers are concerned about this form, as it can open themselves and their client to lawsuits, claiming that information was deliberately hidden. Another concern is what if the form is filled out correctly but something else is known about the property and not revealed?

There have been about 50 cases in Ontario so far dealing with this form since its introduction in 1990s. The general prediction is more litigation may arise as this form is used more and more.

A link to this form is at

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