Get the free INDIANA SALES DISCLOSURE FORM ... - State of Indiana

(1) the sales disclosure form is not included with the conveyance document; or (2) the .... to be included on the completed form, each party must sign and file a ...

How to fill out indiana sales disclosure form

How to fill out Indiana sales disclosure form:

1. Begin by obtaining the Indiana sales disclosure form. This form can typically be found on the website of the Indiana Real Estate Commission or obtained from a real estate professional.
2. Start by providing your personal information, including your name, address, and contact details. This information is necessary for identification purposes and for communication regarding the disclosure form.
3. Indicate the property details by providing the address, parcel number, and any additional pertinent information. This helps to identify the specific property that is being sold.
4. Specify the type of sale being conducted, whether it is a traditional sale, foreclosure, short sale, or auction. This information is crucial for accurate reporting.
5. Fill in details about any known material defects or issues with the property. Material defects are significant issues that may affect the value or desirability of the property, such as structural problems, water damage, or pest infestations. Be thorough in disclosing any known issues, as this is a legal requirement.
6. The seller should also disclose information related to any previous insurance claims made on the property. This includes any history of damage from fire, floods, or other incidents that have resulted in insurance claims.
7. Provide information about any pending legal actions or judgments that are relevant to the property. This includes any lawsuits, liens, or disputes that may affect the sale or title of the property.
8. If there are any homeowner association (HOA) fees or assessments applicable to the property, these should be disclosed. This includes monthly or annual fees, special assessments, or any pending changes in these fees.
9. Finally, both the seller and buyer should sign and date the Indiana sales disclosure form to indicate their agreement and acknowledgment of the information provided.

Who needs Indiana sales disclosure form:

1. Property Sellers: Indiana sales disclosure forms are primarily required from property sellers. It is essential for them to disclose any known material defects, insurance claims, pending legal actions, or HOA fees pertaining to the property they are selling. Sellers must complete and sign the form accurately to provide potential buyers with all relevant information.
2. Real estate professionals: Real estate agents and brokers also need the Indiana sales disclosure form to assist sellers in properly completing it. They ensure that all required information is accurately disclosed and provide guidance throughout the process.
3. Property Buyers: Even though buyers do not fill out the Indiana sales disclosure form, they rely on this document to make informed decisions about purchasing a property. Buyers should carefully review the form provided by the seller to understand any material issues or potential concerns associated with the property.

For pdfFiller’s FAQs

What is indiana sales disclosure form?

The Indiana sales disclosure form is a document that must be filed when real estate is sold or transferred in Indiana.

Who is required to file indiana sales disclosure form?

The seller or transferor of real estate in Indiana is required to file the sales disclosure form.

How to fill out indiana sales disclosure form?

The form must be filled out accurately and completely with information about the property being sold or transferred.

What is the purpose of indiana sales disclosure form?

The purpose of the form is to provide information about the sale or transfer of real estate for tax and assessment purposes.

What information must be reported on indiana sales disclosure form?

Information such as the sale price, property description, and any exemptions or disclosures must be reported on the form.

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