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Truth-in-Sale of Housing Minneapolis Inspections Division 250 S. 4th Street. Room 300 Minneapolis, MN 55415 Fax (612) 673-2437 Ran Minneapolis Shaw Dual SEV SIV Been Date Received LEES PUB TOG TES
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How to fill out truth-in-sale of housing:

01
Gather all the necessary documents such as property deed, mortgage information, and any relevant inspection reports.
02
Start by filling out the basic information section, including the seller's name, contact information, and the address of the property being sold.
03
Provide detailed information about the property, such as the number of bedrooms, bathrooms, square footage, and any additional features or amenities.
04
Indicate the sale price and any financing terms involved in the transaction.
05
Disclose any known defects or issues with the property, such as leaks, structural problems, or pest infestations.
06
Include information about any liens or encumbrances on the property.
07
Sign and date the truth-in-sale of housing form, ensuring that all parties involved in the transaction also sign it.

Who needs truth-in-sale of housing:

01
Homeowners who are selling their property are required to fill out the truth-in-sale of housing form in many jurisdictions.
02
Real estate agents or brokers involved in the sale process may also need to have a copy of this form.
03
Local government agencies or housing authorities may require the completion of this form to ensure fair housing practices are being followed and to protect buyers from hidden defects or issues with the property.
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Truth-in-sale of housing is a mandatory report in some states that requires sellers to disclose any known defects or issues with the property they are selling.
Sellers of residential properties are typically required to file truth-in-sale of housing forms.
The form can usually be filled out online or in person, and sellers must provide detailed information about the property.
The purpose is to protect buyers from unknowingly purchasing properties with hidden defects or issues.
Information such as the property's condition, any known issues, and any recent repairs or renovations must be reported.
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