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Authenticity ID: 3ECDE50B0296EE1189256045BDD68161DISCLOSURE OF INFORMATION ON LEASED PAINT AND/OR LEASED PAINT HAZARDS IN PURCHASE AND SALE TRANSACTIONS (LEASED PAINT EXHIBIT) B EXHIBIT ___2023 Printing43
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01
Start by carefully reading the SN 503 sellers disclosure form to understand the information required.
02
Fill out the form truthfully and accurately, providing details on any known issues with the property.
03
If you are unsure about any information requested, it is best to consult with a real estate agent or legal professional for guidance.
04
Make sure to sign and date the form once you have completed all sections.
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Keep a copy of the filled-out SN 503 sellers disclosure for your records.

Who needs sn 503 sellers disclosure?

01
Any individual or entity selling a residential property in Oregon may need to complete the SN 503 sellers disclosure form. This form is typically required to disclose any known defects or issues with the property to potential buyers.
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The SN 503 Seller's Disclosure is a legal document used in real estate transactions that requires sellers to disclose specific information about the condition of a property.
Sellers of residential real estate properties are required to file the SN 503 Seller's Disclosure.
To fill out the SN 503 Seller's Disclosure, sellers must provide accurate information regarding the property's condition, including any known issues or defects, and sign the document.
The purpose of the SN 503 Seller's Disclosure is to inform potential buyers about the property's condition, ensuring transparency in the transaction.
Information that must be reported includes property defects, past repairs, environmental hazards, and any issues related to the property that may affect its value.
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