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Get the free SELLER S PROPERTY DISCLOSURE STATEMENT EXHIBIT

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This Statement is intended to make it easier for Seller to fulfill Seller's legal duty to disclose hidden defects in the Property of which Seller is aware. Seller is obligated to disclose such defects
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How to fill out seller s property disclosure

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How to fill out seller s property disclosure

01
First, gather all necessary information such as property details, maintenance records, and any known issues.
02
Start by completing the general information section, including the property address, type, and owner's name.
03
Provide a detailed description of the property's condition, mentioning any repairs or updates that have been made.
04
Answer all the specific questions related to the property's systems, structures, and utilities. Be honest and provide accurate information.
05
If you are unsure about any question, consult with professionals or experts to ensure accurate disclosure.
06
Include any additional disclosures required by local regulations or known issues that may affect the property's value or safety.
07
Review the completed form thoroughly before signing and dating it.
08
Make copies of the filled-out disclosure form for both the buyer and yourself.
09
Send or provide the disclosure form to potential buyers when necessary.
10
Keep a copy of the completed form for your records.

Who needs seller s property disclosure?

01
Sellers who are listing their residential property for sale.
02
Real estate agents representing sellers in transactions.
03
Buyers interested in purchasing residential properties.
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Seller's property disclosure is a document that requires the seller to disclose any known issues or defects with the property being sold.
In most cases, the seller is required to file the seller's property disclosure.
The seller must provide accurate and complete information about the property, including any known issues or defects.
The purpose of seller's property disclosure is to inform the buyer about any potential problems with the property before completing the purchase.
The seller must report any known issues with the property, including but not limited to structural problems, water damage, pest infestations, and environmental hazards.
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