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CONDITION OF PROPERTY Transfer Disclosure Statement (TDS) Prepared by: Agent Broker Phone Email This disclosure statement is prepared for the following: Sellers listing agreement Purchase agreement
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Property condition refers to the state or condition of a property, including any damages, repairs, or maintenance that may be needed.
The property owner or the person responsible for managing the property is usually required to file the condition of property report.
The condition of property report can usually be filled out online or by filling out a physical form provided by the relevant government agency or organization. The form typically requires the property owner to provide details about the property's condition, any damages or repairs needed, and any other relevant information.
The purpose of the condition of property report is to document and assess the current state of a property. It helps in determining any necessary repairs or maintenance, assessing the value of the property, and ensuring compliance with regulations or standards.
The information required on a condition of property report may vary, but it often includes details such as the property's address, owner information, current condition, any damages or repairs needed, and any other relevant information requested by the filing agency or organization.
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