Maine Probate Checklist Form De-201(i)
Description
How to fill out Maine Checklist - Formal Probate Of Estates?
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FAQ
In 1985 the California General Assembly added an article to the Civil Code, § 1102 et seq., entitled "Disclosures Upon Transfer of Residential Property." (Stats. 1985, ch. 1574, § 2, p. 5788.)
California, like many states, requires its residential property sellers to disclose, in writing, details about the property they have on the market.
By law, California commercial real estate sellers must issue legal disclosures of everything from physical defects like structural damage to environmental hazards and knowledge of any leases encumbering the property.
(C.A.R. Form SPQ, Revised 11/09) This form is not a substitute for the (TDS). It is used by the Seller to provide additional information when a TDS is completed or when no TDS is required. I.
Under California law, all material facts that affect the value or desirability of the property must be disclosed to the buyer. There is no specific definition or rule on what is considered to be a material fact.
A transfer disclosure statement (TDS) is required by California law in Section 1102 of the California Civil Code. This document is one of the seller disclosures that buyers receive during their contract contingency period. Its purpose is to let a buyer know of major defects in a property as required by California law.
Generally, a seller's disclosure is a standard form containing material defects and features of the property for sale; it's one of the many documents that you need to collect and complete before selling your home.
The disclosure form explains that a broker can represent a seller alone, a buyer alone, or both at the same time, known as dual agency. The form explains that dual agency is only legal in a real estate transaction if both the seller and the buyer understand and consent to the arrangement.
