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HOMEOWNER DISCLOSURE STATEMENT Homeowner(s) Name(s): Date: Property Address: Approximate Age of Property: Date Purchased: IN CONNECTION WITH MY/OUR RELOCATION, I/WE MAKE THE FOLLOWING DISCLOSURES

How to fill out homeowner disclosure statement

How to Fill Out Homeowner Disclosure Statement:

1. Begin by obtaining a homeowner disclosure statement form from your local real estate association or a trusted legal source.
2. Carefully read through the entire form to familiarize yourself with the sections and requirements.
3. Provide accurate and detailed information about your property, including its address, square footage, and any additional structures or amenities on the premises.
4. Disclose any known issues or defects with the property, such as previous damages, repairs, or pest infestations. Be thorough and transparent in your disclosures.
5. Include information about any legal disputes or litigation involving the property, including pending lawsuits or previous settlements.
6. If your property is part of a homeowner's association (HOA), disclose any relevant information about the HOA, such as fees, rules, or restrictions that may affect the buyer.
7. Attach any supporting documents or reports that may be required as part of the disclosure, such as inspection reports, permits, or maintenance records.
8. Review the completed homeowner disclosure statement carefully for accuracy and make any necessary revisions or additions.
9. Once you are satisfied with the information provided, sign and date the document before submitting it to your real estate agent or the interested buyer.

Who Needs Homeowner Disclosure Statement:

1. Homeowners who are planning to sell their property typically need to fill out a homeowner disclosure statement.
2. Buyers or potential buyers of residential properties may also require a homeowner disclosure statement to assess the condition and potential risks associated with the property.
3. Real estate agents, brokers, or other professionals involved in property transactions may need homeowner disclosure statements to protect themselves and ensure compliance with legal requirements.

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What is homeowner disclosure statement?

Homeowner disclosure statement is a document that provides important information about the condition of a property being sold.

Who is required to file homeowner disclosure statement?

Homeowners who are selling their property are required to file a homeowner disclosure statement.

How to fill out homeowner disclosure statement?

To fill out a homeowner disclosure statement, homeowners must provide accurate and detailed information about the property's condition, any known issues, and any renovations or upgrades.

What is the purpose of homeowner disclosure statement?

The purpose of a homeowner disclosure statement is to inform potential buyers about the condition of the property and any known issues, allowing them to make an informed decision about purchasing the property.

What information must be reported on homeowner disclosure statement?

Homeowners must report information about the property's condition, any known issues, any renovations or upgrades, and any legal issues such as liens or disputes.