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Get Property Condition Disclosure Statement
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How to fill out the Property Condition Disclosure Statement online
This guide provides clear, step-by-step instructions on how to complete the Property Condition Disclosure Statement online. Whether you are a seller or a buyer, understanding this form is essential in real estate transactions to ensure transparency and compliance with legal requirements.
Follow the steps to complete the Property Condition Disclosure Statement.
- Press the ‘Get Form’ button to access the Property Condition Disclosure Statement and open it in the corresponding online editor.
- Begin by entering the property address in the designated field to accurately identify the property being sold.
- Provide the seller's name in the appropriate section, ensuring you include any co-sellers if applicable.
- Read the introductory notes regarding the seller’s disclosure obligations carefully. This ensures that you are aware of your responsibilities concerning known material defects.
- Fill out the Seller's Expertise section. Note any specific knowledge you have regarding contracting, engineering, or other relevant fields.
- In the Ownership/Ocupancy section, indicate whether the property is currently occupied, by whom, and answer questions related to previous occupancy.
- Proceed to the Roof section to provide information about the roof's condition, installation date, and any repairs or issues experienced.
- If the property has basements or crawl spaces, respond to the questions in that segment regarding water leakage and any existing sump pump.
- In the Termites/Wood-Destroying Insects section, disclose any known pest issues and whether the property has been treated by a professional pest control service.
- Continue through the structural items, plumbing, electrical, and heating systems sections, answering all questions honestly to the best of your knowledge.
- Once you reach the environmental issues section, detail any knowledge you may have of hazardous substances, flooding, or drainage problems present on the property.
- Review any additional comments or miscellaneous questions before finalizing your completion.
- Finally, ensure you save your changes. You may choose to download, print, or share the completed form as required.
Complete your Property Condition Disclosure Statement online today to ensure a smooth real estate transaction.
Full disclosure is better than partial." Since a disclosure statement is a legally binding document, lies -- even by omission -- have the potential to be extremely damaging and expensive if something you left off causes problems further down the line.
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