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CERTIFICATION OF ENROLLMENT SUBSTITUTE HOUSE BILL 1420 Chapter 505, Laws of 2009 61st Legislature 2009 Regular Session REAL ESTATE SELLER DISCLOSURE EFFECTIVE DATE: 07/26/09 Passed by the House April
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How to fill out real estate seller disclosure

How to fill out real estate seller disclosure:
01
Begin by obtaining a copy of the real estate seller disclosure form, which can usually be provided by your real estate agent or obtained from your state's real estate commission or department.
02
Read through the entire form carefully, familiarizing yourself with the questions and information required.
03
Gather all relevant documents and information related to the property, such as property surveys, title reports, permits, warranties, and any known defects or issues.
04
Start by providing basic information about the property, such as the address, legal description, and the names of all owners or sellers involved in the transaction.
05
Answer each question on the form accurately and honestly. Make sure to disclose any known material defects or issues with the property, including but not limited to structural problems, water damage, presence of lead-based paint, pest infestation, or any legal disputes.
06
If a question does not apply to your situation or you are unsure, indicate so on the form rather than leaving it blank. This will help to avoid any potential confusion or misunderstanding.
07
Attach any supporting documentation or reports that can help provide additional context or evidence of the property's condition or history.
08
Review the completed seller disclosure form carefully to ensure all questions have been answered and the information provided is accurate and complete.
09
Sign and date the form, acknowledging that all the information disclosed is true to the best of your knowledge.
10
Keep a copy of the completed seller disclosure form for your records and provide a copy to the buyer or their representative.
Who needs real estate seller disclosure:
Real estate seller disclosure is typically required by law in most states in the United States. It applies to individuals or entities selling residential properties, including single-family homes, townhouses, condominiums, and multi-unit buildings up to a specific unit count (e.g., four units). Whether you are a homeowner, landlord, or real estate investor looking to sell a property, you will likely need to provide a seller disclosure form to the buyer. However, specific requirements may vary depending on the state, so it is essential to consult with a real estate professional or legal advisor to ensure compliance with local laws and regulations.
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What is real estate seller disclosure?
Real estate seller disclosure is a document filled out by a seller that lists any known defects or issues with the property being sold.
Who is required to file real estate seller disclosure?
In most states, sellers are required to file a real estate seller disclosure when listing their property for sale.
How to fill out real estate seller disclosure?
Real estate seller disclosure can be filled out by answering the questions honestly and to the best of the seller's knowledge.
What is the purpose of real estate seller disclosure?
The purpose of real estate seller disclosure is to inform potential buyers about any known issues or defects with the property.
What information must be reported on real estate seller disclosure?
Information such as structural problems, water damage, pest infestations, and other issues that may affect the property's value or safety must be reported on real estate seller disclosure.
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