Get the free Seller’s Property Disclosure Statement

This document serves as a comprehensive disclosure statement by the seller regarding the condition of the property located at 7225 Cumming, Georgia. It outlines sellers\' obligations to disclose known defects, offers instructions for documenting property conditions, and informs buyers of their responsibilities during the due diligence process. The statement includes sections for various disclosures related to the property\'s structure, systems, environmental concerns, and any hidden defects.

How to fill out sellers property disclosure statement

How to fill out sellers property disclosure statement

1. Begin with the property address and your name as the seller.
2. Indicate the date of completion of the disclosure statement.
3. Answer each question regarding the condition of the property, including structural elements, systems, and appliances.
4. Disclose any known issues or defects with the property honestly.
5. Provide information on past repairs or renovations that were done on the property.
6. Include details about zoning, easements, or other restrictions affecting the property.
7. Review your disclosures for completeness and accuracy.
8. Sign and date the statement at the end to confirm the information is true to the best of your knowledge.

Who needs sellers property disclosure statement?

1. The seller of a residential property.
2. Real estate agents representing the seller.
3. Potential buyers who are interested in the property.

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What is sellers property disclosure statement?

The sellers property disclosure statement is a document provided by the seller of a property that outlines any known issues, defects, or important information regarding the property's condition.

Who is required to file sellers property disclosure statement?

Typically, in most jurisdictions, sellers of residential real estate are required to file a sellers property disclosure statement, although specific requirements may vary by state or locality.

How to fill out sellers property disclosure statement?

To fill out a sellers property disclosure statement, a seller must answer a series of questions regarding the condition of the property, including structural issues, past repairs, and any known environmental hazards.

What is the purpose of sellers property disclosure statement?

The purpose of the sellers property disclosure statement is to inform potential buyers about the condition of the property and to disclose any known issues, thereby protecting both the seller and the buyer in the transaction.

What information must be reported on sellers property disclosure statement?

Information that must be reported includes past or present water damage, mold issues, electrical or plumbing problems, pest infestations, and any renovations or repairs made, as well as any legal issues related to the property.