This forces the seller to disclose anything that is not otherwise listed on the form in some convenient box. Then there is the question about square footage. It's a good one because square footage seems to have always been an issue in real estate even though it's a specific, measurable item. The only problem is that people measure square footage differently. An appraiser measures square footage from outside wall to outside wall.
Someone decorating the interior is more concerned with measurements from inside wall to inside wall.
There are lots of other questions on the form. Hopefully, the form will reduce the number of lawsuits by having all parties address potential problem areas on the front end of the transaction instead of the other end. Phil Hardwick's real estate column appears every other week in the Mississippi Business Journal.