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DREC Property Disclosure Final Effective 12 1 13 - Delaware ...

DREC Property Disclosure Final Effective 12 1 13 - Delaware ... 2025

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The document is a Seller's Disclosure of Real Property Condition Report required by Delaware law, which mandates sellers of residential properties to disclose known material defects before the sale. It includes detailed questions regarding the property's condition, occupancy, title information, environmental hazards, structural items, and various systems (plumbing, heating, electrical). The report must be provided to prospective buyers prior to making an offer and serves as a good faith effort by the seller to disclose property issues without serving as a warranty. Both seller and buyer acknowledge their understanding of the report's contents.

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What are the exemptions for sellers disclosure in Delaware?

A sellers disclosure should be obtained by a licensee before agreeing. Transfers made by court order, default, divorce, and by government entities are exempt from the disclosure requirement.

What is the disclosure rule in law?

You may request that businesses disclose to you what personal information they have collected, used, shared, or sold about you, and why they collected, used, shared, or sold that information.

Which Delaware property is exempt from requirements for seller disclosure of potential radon hazards?

Which Delaware property is exempt from requirements for seller disclosure of potential radon hazards? A single-family residence where the buyer is the Delaware state government; Radon disclosure isnt required for a property being sold by or purchased by a government entity.

What are the 5 forms of disclosure?

The five common ways that children convey their abuse: help-seeking behaviour. telling without words. partially telling. telling others. telling in detail.

What is the privacy law in Delaware?

The Act delineates a consumers personal data rights and provides that residents of this State will have the right to know what information is being collected about them, see the information, correct any inaccuracies, or request deletion of their personal data that is being maintained by entities or people.

What is the disclosure law in Delaware?

Specifically, the Delaware statute says that sellers transferring residential real property must disclose, in writing, to the buyer, agent and subagent, as applicable, all material defects of that property that are known at the time the property is offered for sale or that are known prior to the time of final

What are the disclosure laws in Delaware?

The Buyer Property Protection Act, codified as Chapter 25, Title 6 of the Delaware Code, requires the seller of residential real estate to complete a formknown as the Sellers Disclosure of Real Property Condition Reportsetting forth any known conditions and significant defects with the property.

DREC Property Disclosure Final Effective 12 1 13 - Delaware ... 2025

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