Dear Monty: The house seller wants me to release him from all claims after closing. This action sounds risky. Is it risky? Monty’s Answer: Sellers have different reasons for requesting such a release. No. 1: Sometimes they know something they’re afraid you’ll discover and hold them accountable for. No. 2: Or they may be trying to protect themselves if you discover something they were not aware of. No. 3: Also, they may see a release as a final closure and an intelligent thing to do. No. 4: Finally, paranoia. Risk Assessment Considerations No. 1: Do you have a signed seller condition report? Many states require a seller to furnish a condition report. If the state requires it and you didn’t receive it, a release is risky. No. 2: How old is the seller’s condition report? If the seller’s condition report is less than 30 days old, the chances of something significant …