Spds form 2025

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The document is a Residential Seller's Property Disclosure Statement (SPDS) required by Arizona law, which mandates sellers to disclose all known material facts about a property to potential buyers. It outlines the seller's obligations to provide accurate information regarding the property's condition, ownership, and any legal or structural issues. The SPDS serves as a tool for sellers to communicate important details and for buyers to make informed decisions, emphasizing the need for professional inspections and further investigation.

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Click ‘Get Form’ to open the SPDS form in the editor.
Begin by filling out the ownership and property section. Provide details about the legal owner, occupancy status, and rental agreements if applicable.
Move on to the building and safety information. Answer questions regarding structural integrity, heating and cooling systems, and any past issues like roof leaks or pest infestations.
In the utilities section, indicate whether services such as electricity, gas, and water are connected. Specify any known problems with these utilities.
Complete the environmental information section by disclosing any hazards or concerns related to soil or nearby environmental issues.
Finally, review all sections for accuracy. Once completed, save your changes and share the document directly from our platform for free.

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What does SPD stand for in real estate?

The Seller Property Disclosure Statement (SPDS) must be provided within three days of contract acceptance, detailing any known property issues. It is important to note that while sellers are not required to disclose certain non-material facts, they must respond truthfully to inquiries regarding known problems.

What does SPDS stand for in real estate?

Legal Protection for Sellers Accurate completion of the Seller Property Disclosure Statement (SPDS) is essential for safeguarding sellers against potential legal liabilities associated with nondisclosure claims.

Is SPDs required in AZ?

While the form itself isnt legally required, disclosing known defects is, and most Arizona real estate agents and brokerages require sellers to use the SPDS to satisfy that obligation. Note: Even if youre selling a home as is in Arizona, youre still required to be truthful and transparent about what you know.

What does no SPDs mean?

Arizona law requires the seller to disclose material (important) facts about the property, even if you are not asked by the buyer or a real estate agent. These disclosure obligations remain even if you and the buyer agree that no Sellers Property Disclosure Statement (SPDS) will be provided.

What does SPDs mean?

Seller Property Disclosure Statement. When purchasing a home, it is important to take some time to read through the Seller Property Disclosure Statement to learn more about the condition of the property so you can make an educated decision to move forward with purchasing the home or to cancel the contract.

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