Get the free Residential Seller’s Property Disclosure Statement

This document is a disclosure statement that sellers in Arizona are required to fill out to inform potential buyers of any known material facts about the property. It includes details about the property, ownership, and various conditions that may affect the property\'s sale, including environmental concerns, structural issues, and community regulations. The sellers must answer all questions truthfully and provide additional information as necessary.

How to fill out residential sellers property disclosure

How to fill out residential sellers property disclosure

1. Start with your property information, including the address and legal description.
2. List any known defects or issues with the property, such as plumbing, electrical, or structural problems.
3. Disclose any past or current pest infestations and any treatments you've undertaken.
4. Include information regarding environmental hazards, such as mold, lead-based paint, or radon.
5. Provide details on any repairs or improvements made to the property during your ownership.
6. Complete sections regarding the property's ownership history and any liens against it.
7. Ensure that all information is accurate and truthful to the best of your knowledge.
8. Sign and date the disclosure form.

Who needs residential sellers property disclosure?

1. All sellers of residential properties are typically required to provide a property disclosure statement to potential buyers.
2. Real estate agents and brokers involved in the transaction also often require this document.
3. Buyers of residential properties need this disclosure to make informed decisions about their purchase.

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What is residential sellers property disclosure?

Residential sellers property disclosure is a legal document that sellers of residential real estate must provide to prospective buyers, detailing the condition of the property and any known defects.

Who is required to file residential sellers property disclosure?

Typically, residential property sellers are required to fill out the disclosure before entering into a sale agreement with a buyer.

How to fill out residential sellers property disclosure?

Sellers should complete the disclosure form by answering questions about the property's condition, including its structure, systems, and any known issues. It is often recommended to consult a real estate agent or legal professional for guidance.

What is the purpose of residential sellers property disclosure?

The purpose of residential sellers property disclosure is to inform potential buyers about the condition of the property, allowing them to make informed decisions and reducing the risk of disputes post-sale.

What information must be reported on residential sellers property disclosure?

The disclosure typically requires information regarding previous repairs, known defects, issues with systems such as plumbing and electrical, environmental concerns, and any other relevant details that may affect the property's value or safety.