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REAL ESTATE TRANSFER DISCLOSURE STATEMENT (CALIFORNIA CIVIL CODE 1102, ET SEQ.) (C.A.R. Form TDS, Revised 4/14) THIS DISCLOSURE STATEMENT CONCERNS THE REAL PROPERTY SITUATED IN THE CITY OF, COUNTY
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How to fill out real estate transfer disclosure

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How to fill out real estate transfer disclosure:

01
Begin by gathering all the necessary information and documents related to the property transfer. This may include the property address, parcel number, and the names and contact information of all parties involved in the transaction.
02
Review the real estate transfer disclosure form carefully to understand all the sections and questions being asked. It is crucial to provide accurate and complete information to avoid any legal complications in the future.
03
Start filling out the form by entering the relevant details about the property, such as the type of property (single-family home, condominium, etc.), its age, and the number of bedrooms and bathrooms.
04
Provide information about any known defects or issues with the property. This can include information about the roof, plumbing, electrical system, and any previous repairs or renovations.
05
Disclose any known hazards or environmental concerns associated with the property. This may include the presence of lead-based paint, asbestos, or radon gas.
06
Additionally, disclose any legal or financial matters that may affect the property, such as pending lawsuits, liens, or easements.
07
If applicable, provide information about any previous insurance claims made on the property.
08
Finally, sign and date the real estate transfer disclosure form, indicating that all the information provided is true and accurate to the best of your knowledge.

Who needs real estate transfer disclosure:

01
Sellers: The sellers of the property are legally required to fill out a real estate transfer disclosure form. This ensures that all relevant information about the property is disclosed to the buyers, allowing them to make an informed decision.
02
Buyers: Even though buyers do not fill out the real estate transfer disclosure form, they need to receive it from the sellers before completing the purchase. This allows them to review all the disclosed information and address any concerns or questions with the sellers or their real estate agents.
03
Real estate agents: Real estate agents involved in the transaction are responsible for ensuring that the real estate transfer disclosure form is completed accurately and disclosed to the buyer. They may also assist the sellers in gathering the necessary information and answering any questions related to the form.
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Real estate transfer disclosure is a document that provides information about the condition of a property to potential buyers.
Sellers of residential properties are typically required to file real estate transfer disclosure.
Real estate transfer disclosure can be filled out by providing accurate information about the property's condition, any known issues, and any recent improvements.
The purpose of real estate transfer disclosure is to inform potential buyers about the condition of the property they are interested in purchasing.
Information such as the age of the property, any known issues, recent renovations or repairs, and any environmental hazards must be reported on real estate transfer disclosure.
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