It is true, many do not know ALL the laws on disclosure.
Have a networking breakfast with some other local agents one told about a past client that decided his attorney was cheaper.
The attorney failed to advise his client about ALL the disclosures that are mandatory in a Real Estate transaction.
The client was being sued by the buyer for failing to disclose work done on the septic.
The that was done was sub-par and in this cold weather the costs was high to have it fixed.
Moral of the story...
Make sure if you are using an attorney to do your real Estate deal that that person knows what they re talking about!!!