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Authentisign ID: F1D5A17DD454EF11991A002248270DCESELLERS PROPERTY DISCLOSURE STATEMENT (CONDOMINIUM) EXHIBIT ___ 2024 Printing This Sellers Property Disclosure Statement (Statement) is an exhibit
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How to fill out property condition disclosure statement

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How to fill out property condition disclosure statement

01
Ensure you have the proper form, usually provided by your real estate agent or attorney.
02
Provide accurate and detailed information about the condition of the property, including any known issues or defects.
03
Include any renovations or upgrades that have been done to the property.
04
Check off all applicable items on the disclosure form, such as plumbing, electrical, roof, etc.
05
Sign and date the form before submitting it to the buyer.

Who needs property condition disclosure statement?

01
Sellers of real estate properties are typically required to provide a property condition disclosure statement to potential buyers.
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A property condition disclosure statement is a document that a seller provides to a potential buyer, outlining the condition and potential issues of the property being sold.
Typically, property sellers are required to file a property condition disclosure statement, especially in residential real estate transactions.
To fill out a property condition disclosure statement, sellers should provide accurate information regarding the condition of the property, including any known issues or repairs, and may use a standardized format or form provided by their state.
The purpose of the property condition disclosure statement is to inform potential buyers about any known issues or defects in the property, helping them make an informed decision.
Information that must be reported includes the condition of major systems (like plumbing and electrical), structural issues, past repairs, infestations, and any legal issues related to the property.
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