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Form No. 907-A Real Estate Condition Report (Detailed) For Sale By Owner Madison Wis. Stats. 709.02 (11-1-96) Madison, Wisconsin REAL ESTATE CONDITION REPORT THIS CONDITION REPORT CONCERNS THE REAL
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How to fill out real estate condition report
How to fill out a real estate condition report:
01
Start by gathering all necessary information about the property, including the address, date of inspection, and any relevant contact information.
02
Begin by inspecting the exterior of the property and noting down any damages or issues you come across. This may include cracked walls, roof leaks, or damaged windows. Take detailed notes and photographs if possible.
03
Move on to the interior of the property and assess the condition of each room. Take note of any damages, such as worn flooring, broken appliances, or plumbing issues. Pay attention to any potential safety hazards as well.
04
Document the condition of each fixture and fitting within the property. This could include light fixtures, faucets, doors, and cabinets. Make sure to indicate if they are functioning properly or if they need repair.
05
Note any previous repairs or renovations that have been done to the property. This information is crucial for potential buyers or renters to know.
06
Make sure to document any signs of pest infestation, such as termites or rodents. This is important information that could affect the value and livability of the property.
07
Indicate the overall cleanliness and tidiness of the property. Note if there are any lingering odors or signs of neglect.
08
Provide a section for additional comments or observations. This is where you can add any other relevant information that may not fit into the previous categories.
Who needs a real estate condition report?
01
Property owners or landlords: A real estate condition report is an essential document for property owners or landlords as it helps them assess the condition of their property before renting or selling it. It provides a comprehensive overview of the property's condition, allowing them to determine any necessary repairs or maintenance.
02
Potential buyers or renters: When considering purchasing or renting a property, a real estate condition report is invaluable. It provides detailed information about the property's condition, enabling buyers or renters to make informed decisions and negotiate the terms accordingly.
03
Property management companies: Real estate condition reports are commonly used by property management companies to accurately assess the condition of the properties they manage. This information helps in planning and budgeting for maintenance and repairs.
In conclusion, filling out a real estate condition report requires a thorough inspection of the property, documenting any damages, repairs, or potential issues. This report is crucial for property owners, potential buyers or renters, and property management companies to assess the condition and value of the property accurately.
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What is real estate condition report?
A real estate condition report is a document that provides information about the physical condition of a property.
Who is required to file real estate condition report?
In most cases, sellers are required to file a real estate condition report.
How to fill out real estate condition report?
To fill out a real estate condition report, one must carefully assess the property and accurately report any known issues or defects.
What is the purpose of real estate condition report?
The purpose of a real estate condition report is to inform potential buyers about the condition of the property.
What information must be reported on real estate condition report?
Information that must be reported on a real estate condition report includes details about the structure, systems, and any known issues or defects.
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