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

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