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Dot loop signature verification: dtlp.us/07egJT9Cwry1SELLERS DISCLOSURE AND
CONDITION OF PROPERTY ADDENDUM
(Residential)
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How to fill out property disclosure statement form
How to fill out sellers residential property disclosure
01
Begin by filling out the top section of the form, which includes the property address, your name, and the date.
02
Provide information about the general condition of the property, including any recent repairs or renovations.
03
Disclose any known defects or issues with the property, such as plumbing or electrical problems.
04
Indicate whether there has been any water damage or flooding in the past.
05
Specify if there are any issues with the roof, foundation, or structural integrity of the property.
06
Note any environmental hazards or potential contamination on the property.
07
Provide details about the appliances, fixtures, and other items included in the sale.
08
Disclose any pending legal actions or disputes related to the property.
09
Answer all questions honestly and to the best of your knowledge.
10
Sign and date the form, acknowledging that all information provided is true and accurate.
Who needs sellers residential property disclosure?
01
Anyone selling a residential property is required to fill out a sellers residential property disclosure. This includes homeowners, real estate agents, and property developers.
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What is sellers residential property disclosure?
Sellers residential property disclosure is a legal document that provides potential buyers with information about the condition of a property being sold, including any known issues or defects.
Who is required to file sellers residential property disclosure?
Sellers of residential properties, typically including single-family homes and certain types of multi-family units, are required to file this disclosure to inform buyers about the property's condition.
How to fill out sellers residential property disclosure?
To fill out the disclosure, sellers must answer a series of questions regarding various aspects of the property, such as structural issues, plumbing, electrical systems, and any known environmental hazards.
What is the purpose of sellers residential property disclosure?
The purpose of sellers residential property disclosure is to ensure transparency in real estate transactions, allowing buyers to make informed decisions based on the true condition of the property.
What information must be reported on sellers residential property disclosure?
Sellers must report known issues such as water damage, pest infestations, title issues, renovations or repairs, environmental hazards, and any property defects that could affect the property's value or safety.
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