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Get New Residential Property Buyer Beware Disclosure Form

Virginia Real Estate Board http //www. dpor. virginia.gov/Consumers/DisclosureForms/ RESIDENTIAL PROPERTY DISCLOSURE STATEMENT ACKNOWLEDGEMENT BY SELLER AND PURCHASER The Virginia Residential Property Disclosure Act 55-517 et seq. Owner Date required under the Virginia Residential Property Disclosure Act 55-517 et seq. of the Code of Virginia. Dpor. virginia.gov/Consumers/ResidentialPropertyDisclosures for important information about disclosures required by law that may affect the buyer s decision to purchase the real property described above. The owner s hereby provides notification as required under the Virginia Residential Property Disclosure Act 55-517 et seq. PROPERTY ADDRESS/ LEGAL DESCRIPTION The purchaser is advised to consult the RESIDENTIAL PROPERTY DISCLOSURE STATEMENT webpage http //www. dpor. virginia.gov/Consumers/ResidentialPropertyDisclosures for important information about disclosures required by law that may affect the buyer s decision to purchase the real property described above. Of the Code of Virginia requires the owner of certain residential real property whenever the property is to be sold or leased with an option to buy to provide notification to the purchaser of any disclosures required by the Act and to refer the purchaser to the Real Estate Board website referenced below for additional information. Certain transfers of residential property are excluded from this requirement see 55-518. PROPERTY ADDRESS/ LEGAL DESCRIPTION The purchaser is advised to consult the RESIDENTIAL PROPERTY DISCLOSURE STATEMENT webpage http //www. The owner s hereby provides notification as required under the Virginia Residential Property Disclosure Act 55-517 et seq. of the Code of Virginia and if represented by a real estate licensee as provided in 55-523 further acknowledges having been informed of the rights and obligations under the Act. In addition if the purchaser is i represented by a real estate licensee or ii not represented by a real estate licensee but the owner is so represented as provided in 55-523 the purchaser further acknowledges having been informed of the rights and obligations under the Act..

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