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The document is a Residential Property Disclosure and Disclaimer Statement that requires sellers to provide detailed information about the condition of their property. It includes instructions for completing the form, disclosures regarding title, water, sewer/septic systems, structural integrity, systems and fixtures, common interest associations, appliances, general conditions, and any known defects or issues. The seller's disclosures are based on their actual knowledge and are intended for the buyer's awareness only. Buyers are advised to conduct their own inspections and acknowledge receipt of this disclosure.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Does Michigan require sellers disclosure?

Michigan requires sellers to use a standardized form for property disclosures, called the Seller Disclosure Statement, and sets forth the language for it within the actual law. (Mich. Comp. Laws Ann.

Is NJ A non disclosure state?

But, there are 12 states that are still considered \u201cnon-disclosure:\u201d Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah and Wyoming. In a non-disclosure state, transaction sale prices are not available to the public.

What is a disclose form?

A disclosure form is a formal document that contains all the terms, conditions, assets, risks, and liabilities associated with a specific contract or agreement.

Can you sell a house without a certificate of occupancy in NJ?

Certificates of occupancy are not required in New Jersey for all sales. A \u201ctemporary certificate of occupancy\u201d may be granted for a set time period to accomplish necessary repairs. A \u201ccertificate of transfer title\u201d is sometimes used to transfer ownership where a property fails the municipal inspection.

Is a seller's disclosure required in Kentucky?

Kentucky law requires sellers of residential property to complete a property condition disclosure form. The Kentucky statute states that the disclosure form does not create a warranty by the seller.

Can Buyer Sue seller after closing NJ?

Can a buyer sue after closing? Yes. In New Jersey, sellers must disclose known, latent, material defects that they either knew or should have known.

Is an agency disclosure form used in Georgia?

Agency Disclosure (§ 520-1-. 06(4)(b)) \u2013 No standardized form. Georgia law demands that licensees describe to both buyers and sellers the relationship established upon accepting representation by an agent.

Is a sellers disclosure required in Michigan for vacant land?

Michigan law requires a seller of residential property to fill out a standardized form disclosing what he or she personally knows about the home, including any past issues and current imperfections. This form must be completed and returned to the buyer or buyer's agent prior to the completion of the sale.

Do you have to disclose mold in Georgia?

Georgia doesn't have any statutes or regulations that require landlords to disclose high concentrations of mold in rental properties to prospective tenants or buyers.

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.

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