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STATE OF CONNECTICUT DEPARTMENT OF CONSUMER PROTECTION 165 Capitol Avenue ? Hartford, CT 06106 RESIDENTIAL PROPERTY CONDITION DISCLOSURE REPORT Name of Seller(s): Property Street Address: Property

How to fill out real estate property condition

How to fill out real estate property condition:

1. Begin by thoroughly inspecting the property: Take note of any damages, defects, or issues with the property's structure, systems, or appliances. This includes checking the roof, plumbing, electrical systems, HVAC, foundation, windows, and doors.
2. Document each item: Create a checklist or use a property condition form to systematically list each item and its condition. Be detailed in your description, noting any signs of wear and tear, malfunctions, or necessary repairs.
3. Take clear and detailed photographs: Alongside your written documentation, capturing visual evidence of the property's condition is crucial. Photograph each area and item, ensuring clarity and visibility of any defects or damages.
4. Include dates and descriptions: To provide a comprehensive report, include the date of inspection for each item and provide detailed descriptions for any issues found. This information will help potential buyers or tenants understand the state of the property.
5. Identify any safety concerns: Highlight any safety hazards, such as loose wiring, broken steps, or slippery surfaces. This information is crucial for the well-being of future occupants.
6. Consult professionals if necessary: If you lack expertise or encounter complex issues during the inspection, it is advisable to consult professionals, such as contractors or qualified inspectors, to assess and provide insights into specific areas of concern.
7. Complete the property condition report: Once you have reviewed and compiled all the necessary information, fill out the property condition report. This report serves as an official record of the property's condition and is often required in real estate transactions or when leasing a property.

Who needs real estate property condition?

1. Buyers: Potential buyers require a property condition report to evaluate the current condition of the property and determine if it aligns with their expectations and budget. This information helps them make informed decisions and negotiate fair terms.
2. Sellers: Sellers may opt to conduct a property condition report to ensure transparency and disclose any known issues before selling. This proactive approach can build trust with potential buyers and prevent legal complications in the future.
3. Landlords: Landlords often require a property condition report before leasing a property to assess its condition accurately. This report helps establish a baseline and serves as a reference point for any damages that occur during a tenant's occupancy.
4. Tenants: Tenants may request a property condition report before signing a lease agreement to document any pre-existing damages or issues with the property. This report protects tenants from being held responsible for damages they did not cause.
5. Property managers: Property managers utilize property condition reports to ensure that properties under their care are well-maintained and meet established standards. These reports aid in tracking necessary repairs and assessing the overall condition of the managed properties.

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What is real estate property condition?

Real estate property condition refers to the overall state of a property, including its physical condition, maintenance history, and any defects or issues that may affect its value or desirability.

Who is required to file real estate property condition?

The person or entity responsible for filing the real estate property condition report depends on local regulations and the specific circumstances. In many cases, it is the property owner, seller, or their designated agent who is required to file the report.

How to fill out real estate property condition?

Filling out a real estate property condition report typically involves assessing the various aspects of the property, such as its structure, electrical systems, plumbing, appliances, and any known issues. The specific steps and requirements may vary, but generally, you need to provide accurate and detailed information about the property's condition.

What is the purpose of real estate property condition?

The purpose of a real estate property condition report is to inform potential buyers, renters, or interested parties about the condition of the property. It helps them make informed decisions and understand any potential risks or liabilities associated with the property.

What information must be reported on real estate property condition?

The information to be reported on a real estate property condition report can vary, but it typically includes details about the property's structural integrity, systems, appliances, past maintenance and repairs, known defects, and any current or previous issues that may impact the property's condition.