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Dot loop signature verification: dtlp.us/RfnTZYauynFASTATE OF OHIO DEPARTMENT OF Commerce. 6/2022RESIDENTIAL PROPERTY DISCLOSURE Repurpose of Disclosure Form: This is a statement of certain conditions

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How to fill out new residential property disclosure

01

Obtain the necessary disclosure form from the relevant authority or real estate agent.

02

Fill in all the required information accurately, including details about the property's history, any known defects, and any renovations or repairs that have been made.

03

Make sure to disclose any information about hazardous materials, pests, or zoning restrictions that may affect the property.

04

Sign and date the disclosure form, confirming that all provided information is true to the best of your knowledge.

05

Provide a copy of the completed disclosure form to potential buyers before they make an offer on the property.

Who needs new residential property disclosure?

01

Anyone selling a residential property is typically required to fill out and provide a new residential property disclosure form to potential buyers.

02

Real estate agents, buyers, and lenders may also benefit from reviewing the disclosure form to ensure they have all the necessary information about the property.

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What is new residential property disclosure?

New residential property disclosure is a legal document that provides important information about the condition and history of a residential property to potential buyers.

Who is required to file new residential property disclosure?

Sellers of residential properties, typically those involved in the sale of new or newly constructed homes, are required to file a new residential property disclosure.

How to fill out new residential property disclosure?

To fill out a new residential property disclosure, the seller must complete a form that includes detailed questions about the property's condition, repairs, and other pertinent information, ensuring accurate and honest disclosure.

What is the purpose of new residential property disclosure?

The purpose of new residential property disclosure is to inform potential buyers about any known issues with the property, allowing them to make informed decisions and reducing the risk of disputes after the sale.

What information must be reported on new residential property disclosure?

Information that must be reported includes details about the property's condition, any past repairs, pest infestations, environmental hazards, and any known issues affecting the property.

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