IN Sales Disclosure Form Instructions free printable template
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5 home. IC 6 1. 1 12 40. 5 Page 7 TABLE 2 Other Deductions NOT covered under the Sales Disclosure Form 1 must be resident of Indiana Mortgage 6 1. INDIANA SALES DISCLOSURE FORM INSTRUCTIONS Page 1 INSTRUCTIONS Indiana law requires a sales disclosure form SDF to be reviewed for completeness by the county assessor before being forwarded to the county auditor and must be completed whenever a conveyance document see definition below is filed. The county auditor may not accept a conveyance if 1...
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How to fill out IN Sales Disclosure Form Instructions
How to fill out IN Sales Disclosure Form Instructions
01
Obtain the IN Sales Disclosure Form from your local government office or online.
02
Read the form's instructions carefully to understand the required information.
03
Fill in your name and contact information in the designated sections.
04
Enter the property details, including the address, type of property, and the year it was built.
05
List the sale price of the property and any financing details.
06
Disclose any known issues or defects with the property as required.
07
Sign and date the form to certify that the information provided is accurate.
08
Submit the completed form to the appropriate local authority within the specified timeframe.
Who needs IN Sales Disclosure Form Instructions?
01
Home sellers in Indiana who are selling residential property.
02
Real estate agents representing sellers in Indiana transactions.
03
Buyers interested in understanding disclosures about the property they are purchasing.
04
Title companies and attorneys involved in real estate transactions in Indiana.
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People Also Ask about
Is Indiana a real estate disclosure state?
Indiana's Residential Real Estate Disclosure Law, Indiana Code 32-21-5-2 requires the property seller to complete the Disclosure Form, which is available on-line. Most realtors are familiar with this form and have one readily available.
How much is a sales disclosure form in Indiana?
Sales Disclosure and Deed must first be stamped by the County Assessor's Office (City-County Building Room 1360) Please be prepared to pay the transfer fee $10 per parcel and the sales disclosure fee $20 per form.
Is Indiana a sales disclosure state?
The State of Indiana requires the filing of a sales disclosure form (SDF) whenever real property is sold.
What are the requirements for a seller's disclosure in Indiana?
Indiana law (IC 32-21-5) generally requires sellers of 1-4 unit residential property to complete this form regarding the known physical condition of the property. An owner must complete and sign the disclosure form and submit the form to a prospective buyer before an offer is accepted for the sale of the real estate.
What is an Indiana sales disclosure form?
A sales disclosure is a State Form (46021) that is completed for property transfers, both those that are transferred for valuable consideration and those that are the result of foreclosure, the express threat of foreclosure, divorce, court orders, judgments, condemnation, or probate.
Does Indiana require a seller's disclosure?
Indiana law (IC 32-21-5) generally requires sellers of 1-4 unit residential property to complete this form regarding the known physical condition of the property. An owner must complete and sign the disclosure form and submit the form to a prospective buyer before an offer is accepted for the sale of the real estate.
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What is IN Sales Disclosure Form Instructions?
The IN Sales Disclosure Form Instructions provide guidelines and requirements for individuals and entities involved in real estate transactions in Indiana, detailing how to properly complete the Sales Disclosure Form in compliance with state regulations.
Who is required to file IN Sales Disclosure Form Instructions?
Anyone who sells real estate in Indiana is required to file the IN Sales Disclosure Form, including residential property sellers and their agents.
How to fill out IN Sales Disclosure Form Instructions?
To fill out the IN Sales Disclosure Form, the seller must provide accurate information about the property, including its physical address, sales price, and any relevant disclosures about the property's condition and features.
What is the purpose of IN Sales Disclosure Form Instructions?
The purpose of the IN Sales Disclosure Form Instructions is to ensure transparency in real estate transactions by requiring sellers to disclose pertinent information about the property being sold, which helps protect buyers and facilitate informed decisions.
What information must be reported on IN Sales Disclosure Form Instructions?
The information that must be reported includes the property's sale price, date of sale, and any known defects or issues with the property, along with any improvements made and a description of the property's use and zoning.
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