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E Seller Property Information Statement (Form 220) for: PROPERTY: SELLER(S) TO INITIAL EACH APPLICABLE BOX SELLER(S): YES CONDOMINIUM CORPORATION: (Provide Applicable ADDITIONAL COMMENTS) 1. (a) Condominium fee $.......................................................... NO NOT UNKNOWN APPLICABLE (b) Condominium fee includes: ........................................................................................................... .

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A Seller's Disclosure is a legal document that requires sellers to provide previously undisclosed details about the property's condition that prospective buyers may find unfavorable. This document is also known as a property disclosure, and it's important for both those buying a house and for those selling a house.

Examples of material facts that must be disclosed include structural problems with the house, soil problems, a leaking roof, unpermitted construction, neighborhood noise problems, and anything else that a buyer would deem to be important.

Is a seller's disclosure form required in Georgia? Georgia sellers are not required to fill out a formal disclosure statement. They do, however, have to inform the buyer — at least verbally — of any known problems with the condition of the home that aren't clearly evident.

Sellers do not need to disclose any condition of the property that a buyer would discover upon a reasonable inspection. This would include obvious things like holes in the roof, fire damage or similar, clearly noticed things. Buyers should ask of course, but this is not required.

Things you should disclose to prospective buyers It's best to provide receipts and insurance claim information so buyers can see how you addressed the issue. Lead paint. Federal law requires homeowners to disclose any known lead-based paint if you're selling a home built before 1978. Hazardous conditions.

The document provided by the seller that described the condition of the property is known as the Transfer Disclosure Statement.

The use of Disclosure Statements is mandatory in some places, but in Ontario, and elsewhere in Canada, they are voluntary although “strongly recommended” by real estate agents. At the Thunder Bay Real Estate Board Level, the SPIS, which is published by the Ontario Real Estate Association (OREA), is mandatory.

You May Also Need to Complete One or More of These Disclosures: California Death on Property Disclosure. California Hazardous Substances Release Disclosure. California Window Security Bars Disclosure.

There are two types of self-disclosure: verbal and nonverbal.

Sellers' Required Disclosures in Georgia Although Georgia's statutes do not require sellers to fill out a disclosure form, Georgia courts have stated that home sellers must inform buyer about any latent or known material (important) defects in the condition of the home.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232