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Which of these transactions is exempt from the disclosure requirements of the South Carolina Residential property Disclosure Act?

Transfers as a result of a divorce decree or property settlement are exempt from the disclosure requirements of the act.

Is South Carolina a full disclosure state?

South Carolina requires a seller of residential property to disclose known defects, damages, and other issues to a potential buyer prior to entering into a contract for sale.

Can you list your house with two agents?

The simple answer is yes. The real question is why would you want to? Two agents are usually employed either because one agent has failed to secure a sale or because another promises you they have a buyer waiting. Sometimes this is true.

What type of information must be disclosed to the seller?

Property sellers are usually required to disclose negative information about a property. It is usually wise to always disclose issues with your home, whether you are legally bound to or not. The seller must follow local, state, and federal laws regarding disclosures when selling their home.

What do you legally have to disclose when selling a house UK?

Information on property boundaries, including boundary features. Shared areas with neighbours (both informal and formal agreements) Changes made to the property, including extensions and other alterations. This includes planning permission details and building control completion certificates.

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Is a property disclosure required in SC?

Owner must provide the completed disclosure statement to the purchaser prior to the time the owner and purchaser sign a real estate contract unless the real estate contract states otherwise. Owner should provide a signed copy to the purchaser and keep a copy signed by the purchaser.

What is the most common disclosure in real estate?

Most Common Disclosures in Real Estate Natural Hazards Disclosure. First on the list is the natural hazards disclosure. Market Conditions Advisory (MCA) Market Conditions Advisory, also known as MCA, covers items more financial in nature. State Transfer Disclosure. Local Transfer Disclosure. Megans Law Disclosures.

What is a disclosed dual agent?

Disclosed Dual Agent means that agent representing both parties to a real estate transaction with the informed consent of both parties, with written understanding of specific duties and representation to be afforded each party.

Under what circumstances would undisclosed dual agency be appropriate?

Occurs when both principal parties in the same transaction are represented by a fiduciary without full disclosure to and approval from all parties in the transaction. Related Articles: New York Salesperson Flash Cards.

Can a real estate agent represent both buyer and seller in South Carolina?

South Carolina allows real estate licensees to serve as dual agents in real estate transactions.

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Which of these transactions is exempt from the disclosure requirements of the South Carolina Residential property Disclosure Act?

Is South Carolina a full disclosure state?

Can you list your house with two agents?

What type of information must be disclosed to the seller?

What do you legally have to disclose when selling a house UK?

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Is a property disclosure required in SC?

What is the most common disclosure in real estate?

What is a disclosed dual agent?

Under what circumstances would undisclosed dual agency be appropriate?

Can a real estate agent represent both buyer and seller in South Carolina?

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Which of these transactions is exempt from the disclosure requirements of the South Carolina Residential property Disclosure Act?

Is South Carolina a full disclosure state?

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What type of information must be disclosed to the seller?

What do you legally have to disclose when selling a house UK?

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Is a property disclosure required in SC?

What is the most common disclosure in real estate?

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Under what circumstances would undisclosed dual agency be appropriate?

Can a real estate agent represent both buyer and seller in South Carolina?

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