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Page 1 of 4 7/2012 NEBRASKA REAL ESTATE COMMISSION SELLERS PROPERTY CONDITION DISCLOSURE STATEMENT Residential Real Property THIS DISCLOSURE STATEMENT IS BEING COMPLETED AND DELIVERED IN ACCORDANCE

How to fill out seller disclosure statement

How to fill out seller disclosure statement:

1. Begin by obtaining a seller disclosure form from your real estate agent or attorney. This form outlines the information you need to disclose about your property.
2. Carefully read through the form and familiarize yourself with each section. Make note of any specific requirements or instructions provided.
3. Start by providing basic information about the property, such as its address, legal description, and any previous ownership details.
4. Move on to the structural and mechanical systems of the property. Disclose information about the age and condition of the roof, HVAC system, plumbing, electrical wiring, and any other significant features or repairs.
5. Disclose any known issues or defects in the property. This may include previous water damage, foundation problems, pest infestations, or hazardous materials like asbestos or lead paint.
6. Include information about any renovations or additions made to the property, ensuring you address any necessary permits or compliance with building codes.
7. If you're aware of any environmental hazards such as flood zones, soil contamination, or proximity to hazardous waste sites, disclose these in the appropriate section.
8. Pay attention to any additional disclosures required by your state or local regulations, such as information about neighborhood associations, special assessments, or pending litigation involving the property.
9. Review the completed form for accuracy and completeness. Consider seeking advice from your real estate agent, attorney, or other professionals to ensure thorough disclosure.
10. Finally, sign and date the seller disclosure statement, acknowledging that the provided information is accurate to the best of your knowledge.

Who needs a seller disclosure statement?

1. Home Sellers: If you are selling a residential property, you typically need to provide a seller disclosure statement to potential buyers.
2. Real Estate Agents: Agents involved in the transaction also require this document to ensure they have accurate information for their clients.
3. Buyers: Although sellers are primarily responsible for completing the disclosure form, buyers rely on this document to make informed decisions about purchasing a property.

For pdfFiller’s FAQs

What is seller disclosure statement?

The seller disclosure statement is a document that the seller of a property is required to fill out, disclosing any known issues or defects with the property.

Who is required to file seller disclosure statement?

Any seller of a property is required to file a seller disclosure statement.

How to fill out seller disclosure statement?

The seller can fill out the seller disclosure statement by answering the questions truthfully and to the best of their knowledge.

What is the purpose of seller disclosure statement?

The purpose of the seller disclosure statement is to inform potential buyers of any known issues or defects with the property.

What information must be reported on seller disclosure statement?

The seller must report any known issues or defects with the property, as well as any past repairs or upgrades.

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