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Get Local Area Disclosure Statement
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How to fill out the Local Area Disclosure Statement online
Filling out the Local Area Disclosure Statement is an essential step for both sellers and buyers involved in real property transactions in California. This guide provides clear, step-by-step instructions to help users complete the form accurately and efficiently online.
Follow the steps to fill out the Local Area Disclosure Statement online
- Click ‘Get Form’ button to access the Local Area Disclosure Statement online and open it for editing.
- Begin by entering the name of the city where the property is located, followed by the specific property description.
- Provide the seller’s information, ensuring that all details listed are accurate and reflect the current situation of the property.
- Include the date of signing and the signatures of the seller(s) to certify the provided information is correct.
- Advise buyers to acknowledge receipt of the disclosure statement by signing and dating the appropriate fields.
- Specify the broker(s) representing both the seller and buyer, including the names of the agents with their signatures as necessary.
- In the additional disclosures section, review important information regarding property conditions, including local hazards and property improvement districts.
- Carefully review the entire form for accuracy, and once completed, save changes, download, print, or share the document as required.
Complete your Local Area Disclosure Statement online today to ensure a smooth property transaction.
If a seller fails to disclose, or actively conceals, problems that affect the value of the property; they are violating the law, and may be subject to a lawsuit for recovery of damages based on claims of fraud and deceit, misrepresentation and/or breach of contract.
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