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This Seller’s Property Disclosure Statement explains issues related to property conditions, providing necessary disclosures for real estate transactions in Georgia.

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What is sellers property disclosure statement?

A seller's property disclosure statement is a document that provides potential buyers with important information about the condition of the property being sold, including any known issues or defects.

Who is required to file sellers property disclosure statement?

Typically, sellers of residential properties are required to file a seller's property disclosure statement, although specific requirements may vary by state or jurisdiction.

How to fill out sellers property disclosure statement?

To fill out a seller's property disclosure statement, sellers should answer questions regarding the condition of the property truthfully, disclosing any known defects or issues, and provide as much detail as possible.

What is the purpose of sellers property disclosure statement?

The purpose of a seller's property disclosure statement is to inform potential buyers about the property's condition and to protect sellers from future legal claims related to undisclosed issues.

What information must be reported on sellers property disclosure statement?

Commonly reported information includes the condition of major systems (electrical, plumbing, HVAC), structural issues, pest infestations, water damage, and any other known defects.

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