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CONNECTICUT STATE DISCLOSURE Notice to: Atlantic Residential Mortgage, LLC Loan Applicants Thank you for applying for a mortgage loan from the Atlantic Residential Mortgage, LLC. Please read this

How to fill out connecticut state disclosure

How to fill out Connecticut state disclosure:

1. Gather all necessary information: Before filling out the Connecticut state disclosure form, gather all the required information, such as the property address, purchase price, and any known defects or issues with the property.
2. Understand the form: Familiarize yourself with the Connecticut state disclosure form to understand the sections and questions asked. This will help you provide accurate and complete information.
3. Section 1: In this section, provide general information about the property, including its address, a brief description, and the total purchase price. Fill in the required information accurately.
4. Section 2: This section covers the water supply, plumbing, heating, cooling, electrical systems, and other important components of the property. Answer each question truthfully and to the best of your knowledge.
5. Section 3: In this section, disclose any known defects or issues with the property, such as leaks, structural problems, or past repairs. Be honest and thorough in your disclosure to avoid any legal issues in the future.
6. Section 4: If any lead-based paint is present in the property, it must be disclosed in this section. Answer the questions accurately and provide any available documentation or records regarding lead-based paint.
7. Section 5: This section pertains to any environmental hazards, such as asbestos or mold, that may be present on the property. If you are aware of any such hazards, disclose them accurately.
8. Section 6: Here, disclose any other important information about the property that the buyer should be aware of, such as easements, encroachments, or pending legal actions.
9. Finalize and sign: Review the completed form thoroughly to ensure all information is accurate and complete. Both the seller and the buyer need to sign and date the form to acknowledge and attest to the accuracy of the disclosed information.

Who needs Connecticut state disclosure?

The Connecticut state disclosure form is required to be filled out by sellers of residential real estate. It is important for sellers to disclose any known defects or issues with the property to protect themselves from potential legal liabilities and to provide transparency to the buyers. Additionally, buyers rely on the information disclosed in this form to make informed decisions about purchasing the property. Thus, both sellers and buyers benefit from the Connecticut state disclosure.

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