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What form is used to disclose the condition of the property quizlet?

Hint: The form used to disclose the condition of the property is the "Transfer Disclosure Statement" (TDS).

Is SC a buyer beware state?

South Carolina is not a \u201cbuyer beware\u201d state. Interestingly enough, South Carolina will not require you to disclose problems if you and the buyer agree in writing that no statement is necessary. They also make figuring out what needs to be disclosed and how to read their forms rather simple.

Are property disclosures required in NY?

New York law requires you to disclose known home defects to the buyer. Under today's law, you\u2014as a New York home seller\u2014could be found liable to a buyer for having failed to disclose certain property conditions, or defects, in the course of the sale.

Do you have to disclose a death in a house in South Carolina?

Therefore, the seller nor the agent has to disclose that someone died in the house. It does not matter if the death was natural, by disease (has long as non communicable), suicide or murder.

What disclosure does the seller property disclosure statement require quizlet?

The seller must disclose all known material facts about the property that could reasonably influence a buyer's decision to buy. The listing agent should give the seller a Seller Property Disclosure Statement to fill out at the initial listing appointment.

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