Get the free Seller Property Disclosure

This document serves as a Seller Property Disclosure required by the Arkansas REALTORS® Association, providing essential information and conditions concerning the property being sold. It outlines the responsibilities of the seller and includes various disclosures regarding property condition, occupancy, and potential legal issues related to the property.

How to fill out seller property disclosure

How to fill out seller property disclosure

1. Obtain the seller property disclosure form from a reliable source.
2. Read the instructions carefully to understand the requirements.
3. Begin filling out general information, including the property's address and your contact information.
4. Disclose any known defects or issues in the property, including plumbing, electrical, roof, and foundation problems.
5. Provide information about past repairs, pest issues, or environmental hazards.
6. Indicate the age of major systems and appliances, such as the HVAC system, water heater, and roof.
7. Answer questions about property boundaries, zoning, and any easements or encroachments.
8. Review your responses for accuracy and honesty.
9. Sign and date the disclosure form at the end.

Who needs seller property disclosure?

1. Sellers of residential real estate are typically required to provide a seller property disclosure to potential buyers.
2. Real estate agents may also need to ensure that disclosures are completed correctly.
3. Buyers may request disclosures before finalizing a purchase to understand the property's condition.

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What is seller property disclosure?

Seller property disclosure is a legal document provided by the seller of a property that outlines any known issues, defects, or significant information regarding the condition of the property.

Who is required to file seller property disclosure?

Typically, any seller of residential real estate is required to file a seller property disclosure, including homeowners and real estate investors.

How to fill out seller property disclosure?

To fill out a seller property disclosure, the seller must provide detailed information about the property's condition, including answers to specific questions about various aspects of the home, and sign the document to verify its accuracy.

What is the purpose of seller property disclosure?

The purpose of seller property disclosure is to inform potential buyers about the condition of the property, to promote transparency, and to protect sellers from liability for undisclosed issues.

What information must be reported on seller property disclosure?

Information that must be reported includes any known defects, history of repairs, environmental hazards, issues with appliances, plumbing, and roofing, as well as any legal disputes related to the property.