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0:26 11:59 FL-160 Property Declaration - YouTube YouTube Start of suggested clip End of suggested clip But you will use a zip code for where you live. It is helpful to put in the telephone number andMoreBut you will use a zip code for where you live. It is helpful to put in the telephone number and email address if you dont have one thats fine dont worry about this line that says attorney.
As a broad rule, all sellers of residential real estate property containing one to four units in California must complete and provide written disclosures to the prospective buyers.
The Transfer Disclosure Statement form can be obtained from your local California real estate agent. The TDS form covers a broad range of topics, such as structural information about your home and whether any deaths occurred on the property in the last three years.
✔️Five Things to disclose When Selling Your House in California The Form. Every person who sells real estate in California must complete and provide the buyer with a required form. Property Taxes. Toxic Substances (Asbestos Disclosure) Death at the Property. The Water Heater Strap.
As a broad rule, all sellers of residential real estate property containing one to four units in California must complete and provide written disclosures to the prospective buyers.
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The Transfer Disclosure Statement (TDS) is required in the state of California unless the seller (or transferor) meets one of the following conditions: Court-ordered sales such as probate sales, foreclosure sales, sale by bankruptcy trustee, eminent domain.
Property Declaration (form FL-160) is a multipurpose form, which may be filed with the court as an attachment to a Petition or Response or served on the other party to comply with disclosure requirements in place of a Schedule of Assets and Debts (form FL-142).
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.
It can determine whether certain property or debt is community or separate property. You must complete the Property Declaration, form FL-160. Keep a copy and have someone, other than yourself, serve a copy of the completed Property Declaration(s) on the other party in your case.
Under Family Code 125, quasi-community property means all real or personal property wherever situated, acquiredby either spouse while domiciled elsewhere which would have been community property if the spouse who acquired the property had been domiciled in this state at the time of its acquisition.

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