In the TAR® Seller's Disclosure, when should the seller prepare the disclosure?

In the context of the TAR® Seller's Disclosure, the seller should prepare the disclosure at the time the listing is taken, ensuring that the form is completed thoroughly and accurately. This aligns with best practices intended to promote transparency in real estate transactions.

Having the seller be the only one to complete the form emphasizes the importance of honesty and direct knowledge concerning the property being sold. This approach protects both the seller and potential buyers by ensuring that all material information about the property is disclosed by someone who has firsthand knowledge of its condition and history.

Thus, both of these requirements—preparing the disclosure when the listing is taken and having the seller complete the form—work together to uphold the integrity of the selling process, making the correct answer a combination of both actions.