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This form is used by sellers in Kentucky to disclose the condition of a residential property they are selling. It outlines the seller\'s knowledge of the property\'s condition, mandatory disclosures, and encourages buyers to conduct their own inspections before the sale. It includes sections about various systems and structures of the property, as well as any potential hazards or issues that may affect the buyer\'s decision.
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What is sellers disclosure of property?
A seller's disclosure of property is a legal document that provides detailed information about the condition of a property being sold, including any known defects or issues.
Who is required to file sellers disclosure of property?
Typically, the seller of residential real estate is required to file a seller's disclosure of property, although specific requirements may vary by state.
How to fill out sellers disclosure of property?
To fill out a seller's disclosure of property, the seller must carefully review the provided form and answer all questions truthfully regarding property conditions, repairs, and any known issues.
What is the purpose of sellers disclosure of property?
The purpose of a seller's disclosure of property is to inform potential buyers about the property's condition and any potential issues, helping them make informed decisions.
What information must be reported on sellers disclosure of property?
The seller must report information such as the condition of the roof, plumbing, electrical systems, any past flooding, presence of hazards like lead or mold, and any renovations made.
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