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This is the case in New Mexico, which is a strict non-disclosure state, meaning information about a property can only be given to the registered owner of the property.
Why is Texas A non-disclosure state?
Texas is a non-disclosure state because no law exists that requires disclosure as is the case in other states. Zillow and a lot of other sites attempt to provide you a \u201cvalue.\u201d The fact of the matter is that none of them have access to sold data. Only Realtors and Appraisers have access.
What does the seller of a house have to disclose?
Seller's disclosure requirements vary by state, but here are some of the common issues that standard disclosure forms address: Roof leaks or defects. Water leaks or previous flooding in the basement. Cracks or other defects in the foundation.
Is a sellers disclosure required in New Mexico?
New Mexico statutes do not actually require sellers to tell prospective buyers about defects with their home before the sale. By custom, however, home sellers in New Mexico fill out a "Seller's Property Disclosure - Residential" form, prepared by the state's Realtor association.
Is New Mexico a full disclosure state?
This is the case in New Mexico, which is a strict non-disclosure state, meaning information about a property can only be given to the registered owner of the property.
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People also ask
Do Realtors have to disclose death in a house in New Mexico?
Do you have to report a death in your home while selling real estate in New Mexico? New Mexico does not require disclosure of death on a property. There is no requirement for a seller or homeowner to disclose.
Is Arizona a disclosure state?
A seller in Arizona is required by law to disclose material information about the property that the seller actually and personally knows of.
Do you have to disclose a death in a house in New Mexico?
ALBUQUERQUE, N.M. \u2014 It encompasses many things, but not whether someone has died in the house. In New Mexico, a seller is not required by law to disclose if it was the site of a natural death, homicide, suicide or felony.
What does the seller of a house have to disclose?
Seller's disclosure requirements vary by state, but here are some of the common issues that standard disclosure forms address: Roof leaks or defects. Water leaks or previous flooding in the basement. Cracks or other defects in the foundation.
Why is Idaho a non-disclosure state?
It's not that Idaho prohibits disclosure. It's that the state doesn't mandate it. \u201cThere is no disclosure law,\u201d he said. \u201cWe simply don't have a requirement, like most states do, for one of the transactors in that land sale, or building sale, or whatever it was to tell a government entity the sale price.\u201d
Related links
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20 Q For a new home, ask if radon-resistant construction features were used and if the home has been tested. Q Fix the home if the radon level is 4 ...
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