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Although federal law requires some basic disclosures across the U.S., Virginia law does not require sellers to disclose much information about their property at all, as described below.
Yes. A will that you write yourself is called a holographic will. Holographic wills are not valid in every state, but they are valid in West Virginia, as long as they are written entirely in the author's handwriting.
Statute on Seller Disclosure West Virginia The real estate agents of West Virginia have the professional duty to be truthful to the prospective buyer. If they are caught misrepresenting such as concealing material defects in a property then they can be held liable.
The statutory requirements for a will to be valid in West Virginia are: The Testator (the person making the will) must be at least 18 and be of sound mind. The will must be in writing. If you make an online will in West Virginia, you must print it out.
Yes, you can sell your house in West Virginia as is. And it's easier than you think. The West Virginia Residential Purchase Agreement by default is an ?as-is? agreement. This means unless decided otherwise, the buyer accepts the property in its existing condition.
West Virginia does not have law that requires you to give a formal disclosure statement to a potential buyer of your house. West Virginia courts enforce caveat emptor clauses in purchase contracts.
The Kentucky Revised Statutes § 324.360 states that sellers are obliged to make certain property disclosure to the buyer prior to the sale. It's a four-page form that has series of questions that can be responded with ?N/A?, ?Yes?, ?No?, and ?Unknown?, and provide an explanation to add details about the defects.
In West Virginia, selling your house without a real estate agent is possible, and it could save you a lot of money in agent commission fees. The average realtor commission rate in West Virginia is 4.71% to 6.17%.