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Get the free real estate transfer disclosure statement - crmls

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DocuSign Envelope ID: 455454600EB74EDCA006781FC05E4B4E REAL ESTATE TRANSFER DISCLOSURE STATEMENT (CALIFORNIA CIVIL CODE 1102, ET SEQ.) (C.A.R. Form TDS, Revised 4/14) THIS DISCLOSURE STATEMENT CONCERNS
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How to fill out real estate transfer disclosure

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How to fill out real estate transfer disclosure:

01
Begin by obtaining the necessary forms: The real estate transfer disclosure form can typically be obtained from your local real estate board or association. Make sure you have the latest version of the form.
02
Gather all relevant information: Before filling out the form, gather any information pertaining to the property that might be required. This includes details about the property's history, any known issues, repairs or renovations that have been done, and any available documentation.
03
Start with property details: Begin by filling out the basic details about the property, such as the address, legal description, and the current owner's name. Double-check the accuracy of this information before moving on.
04
Disclose any known defects: The form usually contains sections to disclose any known defects or issues with the property. Be thorough in disclosing any problems, such as plumbing issues, electrical problems, or structural damage. Provide as much detail as possible when describing each issue.
05
Answer additional questions: The real estate transfer disclosure form may have additional questions that need to be answered. These questions may cover topics such as environmental hazards, pest infestations, or upcoming special assessments. Carefully read and respond to each question accurately.
06
Include any relevant documentation: If there are any supporting documents, such as inspection reports, warranties, or permits, attach them to the completed disclosure form. This can provide potential buyers with a comprehensive understanding of the property.
07
Seek professional advice if needed: If you are unsure about certain sections of the form or have any legal concerns, it is advisable to consult with a real estate attorney or a professional agent who can guide you through the process.

Who needs real estate transfer disclosure?

01
Home Sellers: As the current owner of the property, you are typically responsible for providing the real estate transfer disclosure form to potential buyers. This ensures transparency and helps buyers make informed decisions.
02
Buyers and their agents: Buyers and their real estate agents should request the real estate transfer disclosure form from the seller to gain information about the property's condition and any known issues. This form assists buyers in assessing the property's value and potential risks.
03
Real estate professionals: Real estate agents, brokers, and agencies are also involved in the process of transferring property. They may need the real estate transfer disclosure form to verify the information provided by the seller and ensure compliance with legal requirements.
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Real estate transfer disclosure is a document required by law that provides information about the property being sold.
The seller of the property is typically required to file the real estate transfer disclosure.
To fill out the real estate transfer disclosure, the seller must provide accurate and complete information about the property.
The purpose of real estate transfer disclosure is to inform the buyer of any known issues or defects with the property before the sale is finalized.
Information such as any defects, issues, or problems with the property, as well as any renovations or improvements made.
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