What must be disclosed when selling a house in Washington state?

Sellers must fill out either an unimproved or improved residential real estate disclosure form, which covers various topics about the property's condition. This comprehensive form asks about the state of the home's electrical, plumbing, heating and other systems.

What should the seller's property disclosure statement reveal?

Sellers may be required to disclose a list of all of the major repairs made in various areas of the property. Buyers will want to know of any past problems. They'll want to know if an issue's been fixed and how it was fixed, if it requires ongoing maintenance or if it has the potential to cause problems in the future.

US Legal Forms
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Agreements - Agreement Forms
Multi-State
One Time Listing and Showing Agreement

Washington State Form 17 For Sale Cheap In Contra Costa

Q: How to get seller disclosure?

You can get the form from a buyer&#039;s or seller&#039;s agent or real estate attorney. While the disclosure form will vary in format, it may contain the following: List of specific issues the homeowner must check off if the home has them. Questions about the property the seller must answer with Yes, No or Unknown

Category:

Real Estate - Listing Agreements

State:

Multi-State

County:

Contra Costa

Control #:

US-00056DR

Format:

Instant download

Description

The Washington State Form 17 for sale cheap in Contra Costa is a One Time Listing and Showing Agreement designed for real estate transactions. This legally binding contract outlines the conditions under which a seller permits a designated real estate agent to show their property to potential buyers. Key features include the agreement on the professional fee, which can be a fixed dollar amount or a percentage of the sale price, payable at closing. Users must enter the legal description of the property, the names of the seller(s), and the buyer(s). It also discloses the agency relationship, clarifying whether the agent represents the buyer, the seller, or neither. Filling out the form correctly is crucial, as it facilitates transparent communication between parties involved in the sale. For attorneys, partners, and real estate professionals, this form serves as a vital tool to ensure compliance and protect the interests of clients. Paralegals and legal assistants can utilize the form to assist in file management and client communication, ensuring that all aspects of the agreement are clear and enforceable. Understanding this form helps to streamline the selling process and establishes clear expectations for all parties involved.

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FAQ

It is a general rule that sellers must disclose any information that could negatively impact the value of the property.

Sellers must fill out either an unimproved or improved residential real estate disclosure form, which covers various topics about the property's condition. This comprehensive form asks about the state of the home's electrical, plumbing, heating and other systems.

The state does not require disclosure of any deaths, including murders or suicide. Do you have to report a death in your home while selling real estate in Washington? Washington state does not require disclosure of death on a property.

While sellers have always been required to disclose material facts, the Form 17 has been required by law (RCW 64.06. 020) since January 1, 1995. It has undergone ten revisions since its inception, the last of which went into effect in 2021.

Based on the premise that a specific non-disclosure could impact the value of and the decision to buy a property, mentioning all such relevant disclosures is mandatory. For example, failure to disclose real estate pest infestation in the past in the area where the property is located.

You can get the form from a buyer's or seller's agent or real estate attorney. While the disclosure form will vary in format, it may contain the following: List of specific issues the homeowner must check off if the home has them. Questions about the property the seller must answer with “Yes,” “No” or “Unknown”

Washington State requires sellers of residential real property to thoroughly disclose material facts on a form called the Residential Real Property Disclosure Statement (often referred to as Form 17).

Sellers must complete a Transfer Disclosure Statement (TDS), in which they disclose known defects and other pertinent information about the property. Failure to disclose these material facts can lead to legal liability.

Sellers may be required to disclose a list of all of the major repairs made in various areas of the property. Buyers will want to know of any past problems. They'll want to know if an issue's been fixed and how it was fixed, if it requires ongoing maintenance or if it has the potential to cause problems in the future.