Washington Residential Real Estate Sales Disclosure Statement
What this document covers
The Residential Real Estate Sales Disclosure Statement is a legal document used in Washington that allows sellers to disclose the condition of their residential property during a sales transaction. This form is crucial for providing information about any material defects or issues related to the property, ensuring transparency between the seller and the prospective buyer. Unlike general real estate forms, this disclosure mandates the seller to reveal specific details, which can help prevent future disputes or legal issues.
Key components of this form
- Sellerâs disclosures regarding property title, easements, and encroachments.
- Information about water sources, sewage systems, and their maintenance.
- Details about the structural condition of the property and any known issues.
- Information on environmental concerns, such as flooding or chemical contamination.
- Details related to homeowners associations and shared interests.
When to use this document
This disclosure statement should be used during the sale of a residential property in Washington. It is essential when a seller enters into a contract to sell residential real estate, as it ensures that the seller informs the buyer of any existing problems with the property, such as water supply issues, structural defects, or environmental hazards. The form should be completed and delivered to potential buyers typically within five business days of contract acceptance.
Who can use this document
This form is intended for:
- Sellers of residential real estate in Washington.
- Real estate agents and brokers facilitating the sale of residential properties.
- Buyers who want to ensure full disclosure regarding the condition of the property they are purchasing.
How to prepare this document
- Begin by providing accurate details of the property address and seller information.
- Answer all questions regarding the property's title and any known defects, using âNAâ where questions do not apply.
- For any âYesâ answers, provide detailed explanations in attached sheets referencing the relevant question numbers.
- Date and sign each page of the disclosure statement and any attachments.
- Deliver the completed disclosure statement to the buyer or their agent within the required timeframe.
Is notarization required?
To make this form legally binding, it must be notarized. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Leaving blank spaces instead of indicating "NA" for non-applicable questions.
- Not providing explanations for âYesâ answers where additional information is necessary.
- Failing to sign and date each page of the disclosure statement.
- Delivering the disclosure statement after the contractual deadline.
Why use this form online
- Convenience of downloading and completing the form at your own pace.
- Easy access to state-specific templates ensuring compliance with local laws.
- Editable format allows for easy updates to disclose any recent developments regarding the property.
- Reliability of documents drafted by licensed attorneys to ensure legal validity.
Legal use & context
- This form is legally binding once completed and signed by the seller.
- Buyers have a specified period to rescind the purchase offer based on disclosure information.
- Not fulfilling the disclosure requirement can lead to legal ramifications for the seller.
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FAQ
"No Seller Disclosures" means that the seller is selling the property without disclosing any defects or facts that might be necessary for a buyer to make an informed decision. A purchaser should get written permission to bring the purchaser's...
California's Especially Stringent Disclosure Requirements Sellers must fill out and give the buyers a disclosure form listing a broad range of defects, such as a leaky roof, deaths that occurred within three years on the property, neighborhood nuisances such as a dog that barks every night, and more.
With regard to deaths or murders in the home, there is no such disclosure requirement in Washington. Of course, as a seller, you are free to disclose anything you wish to your buyer beyond the statutory minimums.
Search online or stop into your local city planning department to ask. You can also ask a real estate agent or an attorney for a copy of the disclosure law. Your state's Department of Real Estate might also have information about what disclosures are required in your state.
In the state of Washington, you, as a residential home seller, are required by law to disclose certain details about a residential property you are trying to sell. These disclosures are important because buyers want to know as much as possible about a property before they make such an important purchase.
You can find your state real estate agency at the Association of Real Estate License Law Officials website. Or search online for real estate disclosure, disclosure form, or disclosure statement and the name of your state.
Almost every U.S. state has passed laws mandating that sellers give buyers specific information about what structural and other features the house contains, and their condition.
