This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Washington State Form 17 For Sale In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Sellers must complete a Transfer Disclosure Statement (TDS), in which they disclose known defects and other pertinent information about the property. Failure to disclose these material facts can lead to legal liability.
Required seller disclosures: While state laws differ, sellers must typically disclose known material facts about the property, such as structural issues, water damage, or a history of flooding. Failure to disclose significant issues could lead to legal claims if the buyer discovers them after the sale.
Yes it is very common for a buyer to sue a seller for non-disclosure. For a non-disclosure case you have to show that the seller failed to disclose a something that was material to the value or desirability of the property. Its seems that the facts you describe were definitely material to you.
In most states, by law, you have to disclose any issues with the property. By not disclosing, you open yourself up to lawsuit.
Sellers must fill out either an unimproved or improved residential real estate disclosure form, which covers various topics about the property's condition. This comprehensive form asks about the state of the home's electrical, plumbing, heating and other systems.
A seller's disclosure is actually not required by the law, so as a seller, you're better off not representing anything, because the standard for a case like this is actual knowledge, and that you intentionally did not disclose it.
While sellers have always been required to disclose material facts, the Form 17 has been required by law (RCW 64.06. 020) since January 1, 1995. It has undergone ten revisions since its inception, the last of which went into effect in 2021.
You can get the form from a buyer's or seller's agent or real estate attorney. While the disclosure form will vary in format, it may contain the following: List of specific issues the homeowner must check off if the home has them. Questions about the property the seller must answer with “Yes,” “No” or “Unknown”
You can get the form from a buyer's or seller's agent or real estate attorney. While the disclosure form will vary in format, it may contain the following: List of specific issues the homeowner must check off if the home has them. Questions about the property the seller must answer with “Yes,” “No” or “Unknown”
