Seller Property Information Statement (SPIS)
A question-and-answer form used by a seller to disclose information about their property.
The SPIS is not obligatory. A seller may choose to fill it out as part of their responsibility to disclose the condition of their property to a potential buyer.
The form consists of about 50 questions relating to the condition of a property, such as “Is the property connected to municipal water and sewer?” or “Are you aware of possible environmental problems or soil contamination of any kind on the property or in the immediate area?”.
The seller is legally liable for everything they write (or fail to write) on a SPIS.