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PROPERTY CONDITION DISCLOSURE STATEMENT Name of seller(s):___ Property address: ___ The Property Condition Disclosure Act requires the seller of residential real property to cause this disclosure
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How to fill out property condition disclosure flashcards

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How to fill out property condition disclosure flashcards

01
Gather all necessary information about the property
02
List all known issues or damages in the appropriate sections
03
Be as detailed as possible, including dates of when issues occurred or repairs were made
04
Describe any major events, such as flooding or fires, that have occurred on the property
05
Sign and date the disclosure form to certify its accuracy

Who needs property condition disclosure flashcards?

01
Home sellers
02
Real estate agents
03
Property managers
04
Landlords
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Property condition disclosure flashcards are documents that provide information about the condition of a property before it is sold.
Sellers are required to file property condition disclosure flashcards when selling a property.
Property condition disclosure flashcards are typically filled out by the seller, listing any known issues or defects with the property.
The purpose of property condition disclosure flashcards is to inform potential buyers about the condition of the property and any potential issues.
Information such as the age of the property, any past repairs or renovations, and known issues with the property must be reported on property condition disclosure flashcards.
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