Get the free Final Buyer Seller Disclosure Form 120210pdf

DocuSign Envelope ID: 11F9787E4A0A427FB074CED9ABC21470 New York State DEPARTMENT OF STATE Division of Licensing Services P.O. Box 22001 Albany, NY 122012001 Customer Service: (518) 4744429 www.dos.state.ny.us

How to fill out final buyer seller disclosure

How to fill out the final buyer seller disclosure:

1. Start by carefully reviewing the final buyer seller disclosure form. Familiarize yourself with the sections and questions included in the document.
2. Gather all relevant information and documentation. This may include copies of any inspections or evaluations conducted on the property, as well as any reports or disclosures required by law.
3. Begin filling out the form by providing basic information about the property, such as the address, legal description, and any unique identifiers like parcel numbers.
4. Move on to disclosing any known material defects or issues with the property. This could include structural concerns, plumbing or electrical problems, or any previous damage that has been repaired. Be as thorough and accurate as possible when providing this information.
5. Disclose any known environmental hazards, such as asbestos, lead-based paint, or mold. If there have been any previous incidents involving hazardous materials on the property, it is important to disclose those as well.
6. Provide information on any pending legal matters that may affect the property, such as ongoing disputes, liens, or pending litigation.
7. Include details about any warranties or guarantees that will be transferred to the buyer upon the sale of the property. This could include warranties on appliances, roofing, or other features of the home.
8. If there are any additional disclosures required by local or state regulations, make sure to include those as well.
9. Once you have completed the disclosure form, thoroughly review it for accuracy and completeness. Make any necessary corrections or additions before signing and dating the document.

Who needs final buyer seller disclosure:

1. Home sellers are typically required to provide a final buyer seller disclosure to potential buyers. This ensures that buyers are aware of any material defects or issues with the property before making a purchase.
2. Real estate agents or brokers involved in the transaction may also need a copy of the final buyer seller disclosure to assist with the sale and to ensure compliance with legal requirements.
3. Buyers should carefully review the final buyer seller disclosure to make an informed decision about whether to proceed with the purchase or negotiate repairs or credits based on the disclosed information.

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What is final buyer seller disclosure?

Final buyer seller disclosure is a document that provides important information about the property being sold, including any known issues or defects.

Who is required to file final buyer seller disclosure?

The seller of the property is typically required to file the final buyer seller disclosure.

How to fill out final buyer seller disclosure?

Final buyer seller disclosure can be filled out by providing accurate and truthful information about the property being sold.

What is the purpose of final buyer seller disclosure?

The purpose of final buyer seller disclosure is to inform potential buyers about any known issues or defects with the property.

What information must be reported on final buyer seller disclosure?

Information such as the age of the property, any renovations or repairs done, known issues with the property, and any potential hazards must be reported on final buyer seller disclosure.