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Seller's Disclosure Statement for Vacant Land 2025

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The document is a Seller's Disclosure Statement for Vacant Land, which outlines the condition and relevant information about the property as known by the Seller. It emphasizes that the Seller does not provide warranties and advises the Buyer to seek professional advice regarding legal, engineering, or environmental matters. The statement includes sections for general property information, property restrictions, environmental conditions, off-site conditions, and notices to the Buyer, requiring the Seller to disclose known issues and limitations affecting the property.

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Is a sellers disclosure required for vacant land in Texas?

THE DISCLOSURE REQUIREMENT DOES NOT APPLY TO VACANT LAND Thus, the statute plainly applies to sales of real property on which is located only one dwelling unit, the value of which represents more than five percent of the value of the property transferred.

Are vacant land disclosures required in Michigan?

Sellers of vacant land are not legally required to provide a disclosure form. Sellers who do provide vacant land disclosure forms should be cautioned against making any representations where they are unsure.

What must a seller disclose when selling a property in California?

You are expected to disclose only material defects or facts. Material in this sense simply means something that is important for or determinative in the buyers decision to purchase the home.

Is a vacant land disclosure required in Florida?

Is a vacant land disclosure required in Florida? NOTICE TO BUYER AND SELLER: In Florida, a Seller is obligated to disclose to a Buyer all known facts that materially affect the value of the property being sold and that are not readily observable.

What is exempt seller disclosure California?

Certain Sellers are exempt from completing the TDS but not exempt from making other disclosures. Sellers who are not legally required to complete a TDS can use this form to make other required disclosures, including the disclosure of material facts of which they are aware.

Are there any requirements of a land sale contract under California law?

Sellers and buyers can include a variety of requirements in a California land purchase agreement: Purchase price and payment terms. Interest rates. Fees based on taxes and insurance.

What disclosures are required when selling vacant land in California?

General Disclosure Duties: You must affirmatively disclose to the buyer, in writing, any and all known facts that materially affect the value or desirability of your Property. You must disclose these facts whether or not asked about such matters by the buyer, any broker, or anyone else.

What does California Civil Code 2079 not require?

California Civil Code 2079 only establishes the selling brokers duty to inspect and disclose- the code does not apply to buyers broker.

Seller's Disclosure Statement for Vacant Land 2025

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