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AGREEMENT TO USE CORNERSTONE PROPERTIES AND FINANCIAL SERVICES LLC FOR SHORT SALE NEGOTIATION SERVICES I/We, the undersigned, agree to utilize Cornerstone Properties and Financial Services LLC to
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How to fill out residential property disclosure statement

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How to Fill out Residential Property Disclosure Statement:

01
Begin by obtaining a residential property disclosure statement form from your local real estate agency or online real estate resources.
02
Carefully read through the questions and instructions provided on the form before starting to fill it out.
03
Gather all relevant information about your property, including any existing issues or defects, repairs or renovations made, and any knowledge regarding the presence of pests or hazardous materials.
04
Starting from the beginning of the form, answer each question truthfully and accurately. Provide as much detail as possible to ensure transparency and avoid any potential legal issues in the future.
05
If you're unsure about a specific question or don't have the necessary information, it's advisable to consult a real estate attorney or agent for guidance.
06
Once you have completed all the questions on the residential property disclosure statement, review it thoroughly to ensure all the information provided is correct and comprehensive.
07
Sign and date the form to certify that the information disclosed is accurate to the best of your knowledge.
08
Keep a copy of the completed residential property disclosure statement for your records, as well as provide a copy to your real estate agent or attorney, if applicable.

Who Needs Residential Property Disclosure Statement:

01
Home Sellers: Residential property disclosure statements are primarily needed by individuals or entities selling a residential property.
02
Real Estate Agents: Real estate agents or brokers involved in the sale of residential properties also require residential property disclosure statements to ensure legal compliance and transparency in the transaction.
03
Potential Buyers: Homebuyers benefit from the information disclosed in the residential property disclosure statement as it helps them make informed decisions about the property's condition and potential risks.
04
Lenders and Insurers: Lenders and insurers may require a copy of the residential property disclosure statement to assess the property's value and potential risks.
Overall, individuals involved in the sale or purchase of a residential property should be aware of the importance of filling out the residential property disclosure statement accurately and comprehensively to ensure a transparent and legally compliant transaction.
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The residential property disclosure statement is a document that sellers of residential properties are required to provide to potential buyers. This document discloses any known issues or defects with the property.
Sellers of residential properties are required to file the residential property disclosure statement.
The residential property disclosure statement can be filled out by providing accurate information about the property's condition, any known issues, and other relevant details.
The purpose of the residential property disclosure statement is to protect buyers by providing them with important information about the property they are considering purchasing.
Information that must be reported on the residential property disclosure statement includes any known defects, the age of the property, renovations or improvements made, and any environmental hazards.
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