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Page 1 of 3Yellow Formal ESTATE CONDITION REPORT NONRESIDENTIAL/COMMERCIAL PROPERTY For Property Not Being Sold With 14 Dwelling Units 2838 W Atkinson Ave 2840 THIS CONDITION REPORT CONCERNS THE REAL
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How to fill out real estate condition report

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How to fill out real estate condition report

01
Start by reviewing the condition report form provided by your local real estate authority.
02
Gather all necessary information about the property, including its address, type, and any additional features.
03
Take a thorough walk-through of the property, inspecting each room and taking note of its condition.
04
Document any damages, defects, or issues you observe in each area of the property.
05
Use clear and concise language to describe the condition of each item or area, and include relevant details such as location and severity of damages.
06
Take photographs or videos to provide visual evidence of the property's condition.
07
Ensure that all information provided in the report is accurate and complete.
08
Sign and date the report, along with any other required parties such as the property owner or tenants.
09
Keep a copy of the report for your records, and provide copies to all relevant parties as per local regulations.

Who needs real estate condition report?

01
Real estate condition reports are needed by various parties involved in the process of renting, buying, or selling a property.
02
Landlords or property owners may need a condition report to document the state of their property before renting it out to tenants.
03
Tenants may request a condition report to ensure that any existing damages are properly documented, preventing any disputes or disagreements with the landlord in the future.
04
Buyers may require a condition report to assess the current state of a property before making a purchase decision.
05
Real estate agents or brokers may use condition reports as part of their services to accurately represent the condition of a property to potential buyers or renters.
06
Insurance companies might also request a condition report to determine the insurability of a property and assess any potential risks.
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A real estate condition report is a document that provides an overview of the property's physical condition, including any existing issues or required repairs.
Property owners, real estate agents, and sellers are typically required to file a real estate condition report when selling or renting a property.
To fill out a real estate condition report, provide detailed information regarding the property's structure, systems, and any known issues, and ensure accuracy and completeness to avoid legal liabilities.
The purpose of a real estate condition report is to inform potential buyers or renters about the property's current state, ensuring transparency and helping them make informed decisions.
The report must include details on the condition of major systems (plumbing, electrical, HVAC), structural elements, hazards, and any repairs needed.
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