OK OREC Appendix A - Residential Property Condition Disclosure Statement 2017 free printable template
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APPENDIX A. RESIDENTIAL PROPERTY CONDITION DISCLOSURE STATEMENT
Notice to Seller: Oklahoma Law (the Residential Property Condition Disclosure Act, Title 60, O.S., 831 ET.seq., effective July 1,
1995)
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How to fill out OK OREC Appendix A - Residential Property
How to fill out OK OREC Appendix A - Residential Property Condition
01
Obtain the OK OREC Appendix A form from the official Oklahoma Real Estate Commission website or your broker.
02
Read the instructions carefully to understand what information is required.
03
Begin with the property address, ensuring all details match the official records.
04
Indicate the type of property being evaluated (single-family home, multi-family, etc.).
05
Complete sections regarding the condition of the structure, foundation, roof, plumbing, electrical systems, and appliances.
06
Answer questions about any known issues or repairs that have been made, providing details as necessary.
07
Fill out any additional assessments required, such as environmental concerns or pest inspections.
08
Review the completed form for accuracy and clarity before submission.
09
Sign and date the form to certify that the information provided is true to the best of your knowledge.
Who needs OK OREC Appendix A - Residential Property Condition?
01
Homeowners who are selling their property to disclose its condition.
02
Real estate agents assisting sellers in preparing property disclosures.
03
Buyers interested in understanding the condition of a property they are considering purchasing.
04
Real estate appraisers conducting assessments of property condition.
05
Insurance companies needing details for underwriting homeowners insurance.
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What is OK OREC Appendix A - Residential Property Condition?
OK OREC Appendix A - Residential Property Condition is a form used in Oklahoma real estate transactions to disclose the condition of a residential property to potential buyers. It ensures transparency regarding the state of the property.
Who is required to file OK OREC Appendix A - Residential Property Condition?
Sellers of residential properties in Oklahoma are required to fill out and file OK OREC Appendix A - Residential Property Condition to inform buyers about the condition of the property before the sale.
How to fill out OK OREC Appendix A - Residential Property Condition?
To fill out OK OREC Appendix A - Residential Property Condition, the seller should answer a series of questions related to the property's condition, including its structural integrity, systems, and any known issues. It is important to provide accurate and complete information.
What is the purpose of OK OREC Appendix A - Residential Property Condition?
The purpose of OK OREC Appendix A - Residential Property Condition is to protect both buyers and sellers by documenting the condition of the property, helping to avoid misunderstandings or disputes over property defects after the sale.
What information must be reported on OK OREC Appendix A - Residential Property Condition?
The information that must be reported includes details about the roof, plumbing, electrical systems, heating and cooling systems, pest infestations, and any significant repairs or alterations made to the property.
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