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This document provides a comprehensive seller\'s disclosure regarding the property condition for residential real estate in Kentucky, ensuring compliance with MRS 324.360.
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How to fill out sellers disclosure of property

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How to fill out sellers disclosure of property

01
Obtain a copy of the seller's disclosure form relevant to your state or region.
02
Read through the form carefully to understand all sections that need to be filled out.
03
Provide accurate information about the property, including details such as its age, any structural issues, and past repairs.
04
Disclose any known defects or problems, such as plumbing or electrical issues, mold presence, or pest infestations.
05
List any upgrades or improvements made to the property, including dates and costs if available.
06
Indicate whether there are any ongoing disputes or legal issues related to the property.
07
Sign and date the form to confirm that the information provided is truthful to the best of your knowledge.

Who needs sellers disclosure of property?

01
Any individual or entity selling a residential property is generally required to provide a seller's disclosure.
02
Real estate agents may also need to inform sellers about the necessity of this disclosure.
03
Potential buyers should review the seller's disclosure to better understand the property's condition before making an offer.
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A seller's disclosure of property is a legal document that outlines the condition of a property being sold, detailing any known issues or defects.
Typically, the seller of residential real estate is required to file the seller's disclosure of property.
To fill out a seller's disclosure of property, the seller should answer all questions truthfully, providing details on the property's condition, any repairs made, and potential issues.
The purpose of the seller's disclosure of property is to inform potential buyers of the property's condition and to reduce the risk of legal disputes post-sale.
Sellers must report information such as structural issues, water damage, pest infestations, and any renovations or repairs done to the property.
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