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In the states where property sale prices are not available in the public records, the only way to get your hands on accurate sold comps is through the Multiple Listing Service (MLS). The MLS is a database that holds information on properties that are for sale and properties that have been sold within a state.
Statutorily Required Seller Disclosures in Utah The only disclosure explicitly required by Utah's statutory law is that sellers tell prospective buyers whether there has been contamination due to "use, storage, or manufacture of methamphetamines" in the home. (See Utah Code.
In Utah, sellers do not have to disclose up front if a felony crime or death, violent or natural, took place at the home.
But, there are 12 states that are still considered \u201cnon-disclosure:\u201d Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah and Wyoming. In a non-disclosure state, transaction sale prices are not available to the public.
Seller's disclosure requirements vary by state, but here are some of the common issues that standard disclosure forms address: Roof leaks or defects. Water leaks or previous flooding in the basement. Cracks or other defects in the foundation.
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A seller does not have to disclose that a home was the location of a homicide, a suicide, a decontaminated methamphetamine lab, or residence by a person with a disease such as AIDS that the Utah Department of Health has determined cannot be transferred by occupancy of a dwelling place.
Due diligence refers to the period of time that begins after a home offer is accepted by a home seller and ends before the closing. The length of the due diligence period is typically negotiable and it can be extended as long as the buyer and seller agree on a new deadline.
The public has demanded this increased level of information. But, there are 12 states that are still considered \u201cnon-disclosure:\u201d Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah and Wyoming.
What Is Due Diligence? Due diligence refers to the period of time that begins after a home offer is accepted by a home seller and ends before the closing. The length of the due diligence period is typically negotiable and it can be extended as long as the buyer and seller agree on a new deadline.
What must you declare when selling a property? Major problems found in previous surveys (e.g. subsidence, problems with the roof etc.) Crime rates in the area (e.g. neighbourhood burglaries, murders etc.) Location of the house (e.g. is it near a flight path or near a motorway?)

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