What must the sellers do if they do not fill out the Seller's Property Disclosure form?

The requirement for sellers to fill out the Seller's Property Disclosure form is a critical aspect of real estate transactions in Colorado. If the sellers do not complete this form, they are still obligated to disclose any material defects or issues with the property that they are aware of, as failure to do so can lead to legal consequences. The correct answer highlights that sellers cannot simply ignore the form; instead, they must respond appropriately to potential buyers.

By indicating that sellers "must counter any purchase offers received," this option reflects the need for sellers to engage in further negotiations and articulate their position regarding the property's condition. While the sellers may initially feel they can bypass the form, doing so could complicate transactions and place them at risk, legally and ethically. This reinforces the necessity for sellers to communicate openly about the property's condition to protect all parties involved in the transaction.