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Page 1 of 3OBA36007 Client60425Owner Builder Disclosure Notice Purpose: As required by section 21(2)(a) of the Homeowner Protection Act (the \"Act\"), the purpose of this Disclosure Notice is for
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How to fill out owner builder disclosure notice
How to fill out owner builder disclosure notice
01
Begin with a title at the top of the document stating 'Owner Builder Disclosure Notice'.
02
Fill in the date at which the notice is being completed.
03
Include your name and contact information as the owner-builder.
04
Clearly state the property address for which you are the owner-builder.
05
Describe the scope of the work you plan to undertake as an owner-builder.
06
List any relevant permits that have been obtained for the construction work.
07
Provide a declaration indicating that you understand the responsibilities of being an owner-builder.
08
Include space for signatures, ensuring both the owner-builder and any relevant parties (such as contractors) can sign.
09
Review the notice for completeness before making copies for all involved parties.
10
Distribute the completed notice to all relevant stakeholders.
Who needs owner builder disclosure notice?
01
Individuals or entities acting as an owner-builder for construction or renovation projects must fill out the owner builder disclosure notice.
02
Property owners who are undertaking their own building work rather than hiring a licensed builder.
03
Homeowners who want to legally comply with local regulations and provide transparency about their building intentions.
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What is owner builder disclosure notice?
An owner builder disclosure notice is a document that informs potential buyers or interested parties that the property owner is undertaking construction or renovation projects on their own without hiring a licensed contractor.
Who is required to file owner builder disclosure notice?
Property owners who decide to act as their own builders for construction or renovation projects are required to file an owner builder disclosure notice.
How to fill out owner builder disclosure notice?
To fill out an owner builder disclosure notice, the owner must provide details such as their name, contact information, the property address, a description of the work being done, and specify that they are acting as the owner builder.
What is the purpose of owner builder disclosure notice?
The purpose of the owner builder disclosure notice is to ensure transparency in property transactions by informing potential buyers about the nature of the construction work and the fact that it is being completed by the owner without a licensed contractor.
What information must be reported on owner builder disclosure notice?
The owner builder disclosure notice must report the owner's name, contact information, property address, type of project, and a statement that the owner is acting as the builder without a contractor.
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