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Long Realty Company RESIDENTIAL SELLER DISCLOSURE ADVISORY Document updated: February 2017 WHEN IN DOUBT DISCLOSE! Arizona's law requires the seller to disclose material (important) facts about the
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How to fill out residential seller

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How to fill out a residential seller form:

01
Begin by obtaining a residential seller form from your local real estate agency or download it from a reputable website.
02
Carefully read through the form's instructions to gain a clear understanding of the information it requires.
03
Start by providing your personal details such as your name, address, phone number, and email address.
04
If applicable, include your real estate agent's information, including their name, contact details, and any relevant licensing information.
05
Specify the property you are selling by entering its address, legal description, and any unique identifiers such as a parcel or tax ID.
06
If you have a mortgage or any liens on the property, fill in the necessary information regarding the lender, the outstanding balance, and the method of payment.
07
Disclose any known defects or issues with the property in the appropriate section, such as leaks, structural problems, or code violations.
08
Document any included fixtures, appliances, or personal property that will be transferred with the sale of the property.
09
Indicate the desired price and terms of the sale, including the down payment amount, financing options, and the desired closing and possession dates.
10
Provide any additional disclosures or addendums as required by your local real estate laws.
11
Carefully review the completed form, ensuring that all information is accurate and complete.
12
Sign and date the residential seller form in the designated areas.
13
Make copies of the completed form for your records and provide a copy to your real estate agent, if applicable.

Who needs a residential seller form:

01
Homeowners who wish to sell their residential property.
02
Real estate agents or brokers assisting homeowners in the sale of their property.
03
Individuals or companies purchasing residential properties for investment purposes.
04
Property developers or builders marketing and selling newly constructed residential units.
05
Investors or flippers who buy residential properties to renovate and sell for profit.
06
Executors or administrators handling the sale of a deceased individual's residential property as part of the estate settlement process.
07
Government agencies or organizations selling residential properties acquired through foreclosure or tax sales.
08
Housing cooperatives or homeowner associations facilitating the sale of member-owned residential units within their communities.
09
Banks or financial institutions selling residential properties seized through foreclosure processes.
10
Individuals participating in a rent-to-own or lease-option agreement where the option to buy the property is exercised.
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Residential seller refers to an individual or entity selling a residential property such as a house, apartment, or condominium.
In most cases, the seller of a residential property is required to file residential seller.
To fill out residential seller, the seller will need to provide information about the property being sold, including address, purchase price, and any other relevant details.
The purpose of residential seller is to report the sale of a residential property to the relevant authorities for tax and legal purposes.
Information that must be reported on residential seller includes the property address, sale price, and any other details required by local regulations.
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