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Is a sellers property disclosure required in Arkansas?

So, to conclude, the state of Arkansas does not require property condition disclosure by every seller; however, the majority of residential transactions in Arkansas most likely will include the sellers disclosure about certain aspects of the property.

Is Arkansas a non disclosure state?

While most states laws mandate that home sellers like yourself give prospective buyers a written disclosure report identifying physical and other defects in the property, Arkansas law does not.

Is dual agency legal in Arkansas?

The Arkansas Realtors Association develops the real estate forms most commonly used in real estate transactions in our state. These forms allow the parties to provide their consent to dual agency on both the sellers listing agreement and the buyer representation agreement.

Which disclosure is the most commonly required in a residential real estate sale?

The State Transfer Disclosure is required for all home sales in California. The transfer disclosure statement (TDS) evaluates the condition of a property. Every residential seller must complete the TDS document. It will let the buyer know about major defects at the property.

What information is a seller obliged to divulge?

As a seller, you might be wondering whether you need to legally disclose anything when selling a property. The answer is yes, you are legally obligated to disclose all known information about the property to potential buyers, both positive and negative.

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