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SCHEDULE 1LANDLORD\'S DISCLOSURE STATEMENT RETAIL PREMISES NOT LOCATED IN RETAIL SHOPPING Centers By the Landlord under section 17(1)(a) and section 61(5) of the Retail Leases Act 2003NOTE: This statement

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How to fill out a landlord's disclosure statement?

01

Start by gathering all the necessary information required for the disclosure statement. This may include details about the property, such as its address, the landlord's contact information, and any restrictions or limitations on the property.

02

Identify any potential hazards or issues that need to be disclosed. This could range from the presence of lead-based paint or asbestos to any known structural problems or past water damage. Be thorough in your assessment and ensure that all relevant information is included.

03

Provide clear and concise explanations for each disclosure. It's important to provide accurate information and to avoid misleading or withholding any critical details. Use simple language that is easy for tenants to understand and ensure that all disclosure sections are addressed.

04

Sign and date the disclosure statement. As the landlord, it is your responsibility to sign and date the document to confirm that the information provided is accurate and complete. This adds an extra layer of transparency and accountability.

Who needs a landlord's disclosure statement?

01

Landlords who are renting out properties are typically required by law to provide a landlord's disclosure statement to their tenants. This is designed to ensure that tenants are fully informed about any potential risks or issues associated with the property before they sign a lease agreement.

02

Additionally, landlords who have made specific changes or modifications to the property, such as installing new electrical wiring or making structural alterations, may also need to provide a disclosure statement. These modifications could impact the safety or functionality of the property, so it is important to inform tenants about them.

03

Landlords who fail to provide a proper disclosure statement may face legal consequences and the potential for disputes with tenants. Therefore, it is crucial for landlords to understand their obligations and ensure compliance with the relevant regulations in their jurisdiction.

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What is landlords disclosure statement?

The landlords disclosure statement is a document that provides information to tenants about certain aspects of a rental property.

Who is required to file landlords disclosure statement?

Landlords or property owners are required to file the landlords disclosure statement.

How to fill out landlords disclosure statement?

The landlords disclosure statement can be filled out by providing accurate information about the rental property and any relevant disclosures.

What is the purpose of landlords disclosure statement?

The purpose of the landlords disclosure statement is to inform tenants about any potential issues or hazards with the rental property.

What information must be reported on landlords disclosure statement?

Information such as any past damages, presence of lead paint, or other safety hazards must be reported on the landlords disclosure statement.

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