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Write a Real Estate Disclosure Statement for a property seller
Real Estate Disclosure Statement for a Property Seller
Table of Contents
Introduction
Property Information
Seller Information
Property Condition
Structural Issues
Electrical Systems
Plumbing Systems
Heating and Cooling Systems
Appliances
Roof and Foundation
Environmental Hazards
Legal Disclosures
Zoning and Land Use
Property Boundaries
Easements and Encroachments
Pending Legal Actions
Additional Disclosures
Seller's Certification
Buyer's Acknowledgment
Conclusion
1. Introduction
This Real Estate Disclosure Statement is provided by the seller to inform the buyer of any known material defects or issues with the property. The purpose of this document is to ensure transparency and to protect both parties in the transaction. It is important for the seller to disclose all relevant information to the best of their knowledge.
2. Property Information
Property Address: [Property Address]
City: [City]
County: [County]
State: [State]
Zip Code: [Zip Code]
Property Type: [Single Family Home/Condo/Townhouse/etc.]
Year Built: [Year Built]
Lot Size: [Lot Size]
3. Seller Information
Seller's Full Name: [Seller's Full Name]
Seller's Address: [Seller's Address]
City: [City]
State: [State]
Zip Code: [Zip Code]
Phone Number: [Phone Number]
Email Address: [Email Address]
4. Property Condition
Structural Issues
Foundation: [Describe any known issues with the foundation]
Walls: [Describe any known issues with the walls]
Floors: [Describe any known issues with the floors]
Ceilings: [Describe any known issues with the ceilings]
Electrical Systems
Wiring: [Describe the condition of the wiring]
Outlets: [Describe the condition of the outlets]
Circuit Breaker: [Describe the condition of the circuit breaker]
Plumbing Systems
Pipes: [Describe the condition of the pipes]
Water Heater: [Describe the condition of the water heater]
Sewer/Septic: [Describe the condition of the sewer/septic system]
Heating and Cooling Systems
Heating System: [Describe the condition of the heating system]
Cooling System: [Describe the condition of the cooling system]
Appliances
Refrigerator: [Describe the condition of the refrigerator]
Oven/Stove: [Describe the condition of the oven/stove]
Dishwasher: [Describe the condition of the dishwasher]
Washer/Dryer: [Describe the condition of the washer/dryer]
Roof and Foundation
Roof: [Describe the condition of the roof]
Foundation: [Describe the condition of the foundation]
Environmental Hazards
Asbestos: [Disclose any known presence of asbestos]
Lead Paint: [Disclose any known presence of lead paint]
Mold: [Disclose any known presence of mold]
Radon: [Disclose any known presence of radon]
5. Legal Disclosures
Zoning and Land Use
Zoning Classification: [Describe the zoning classification of the property]
Land Use Restrictions: [Describe any land use restrictions]
Property Boundaries
Boundary Disputes: [Disclose any known boundary disputes]
Easements and Encroachments
Easements: [Describe any known easements]
Encroachments: [Describe any known encroachments]
Pending Legal Actions
Legal Actions: [Disclose any pending legal actions involving the property]
6. Additional Disclosures
Homeowners Association: [Disclose if the property is part of a homeowners association and any related fees]
Insurance Claims: [Disclose any insurance claims made on the property]
Repairs and Renovations: [Disclose any major repairs or renovations made to the property]
7. Seller's Certification
I, [Seller's Full Name], hereby certify that the information provided in this Real Estate Disclosure Statement is true and accurate to the best of my knowledge. I understand that failure to disclose known material defects may result in legal consequences.
Seller's Signature: ___________________________
Date: [Date]
8. Buyer's Acknowledgment
I, [Buyer's Full Name], acknowledge receipt of this Real Estate Disclosure Statement and understand the information provided herein.
Buyer's Signature: ___________________________
Date: [Date]
9. Conclusion
This Real Estate Disclosure Statement is an essential document in the property transaction process. It ensures that both the seller and the buyer are aware of the property's condition and any potential issues. By providing this information, the seller helps the buyer make an informed decision, and both parties can proceed with the transaction with confidence.
TLDR: This Real Estate Disclosure Statement is a comprehensive document provided by the seller to inform the buyer of any known material defects or issues with the property. It includes detailed information about the property's condition, legal disclosures, and additional relevant information. Both the seller and the buyer must sign the document to acknowledge its contents.
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Answered by mwakili.com