This Seller's Disclosure Statement is for use in a residential sales transaction in Alaska. This disclosure statement concerns the condition of property and is completed by the Seller.
Alaska Residential Real Estate Sales Disclosure Statement
Instant download
This website is not affiliated with any governmental entity
Public form
Description
How to fill out Alaska Residential Real Estate Sales Disclosure Statement?
Employing Alaska Residential Real Estate Sales Disclosure Statement examples crafted by skilled attorneys allows you to evade complications when completing forms.
Simply download the template from our website, fill it in, and ask a lawyer to review it.
This approach can save you significantly more time and expenses than asking a lawyer to draft a document from scratch to meet your requirements.
Use the Preview feature and check the description (if available) to determine if you need this particular template, and if so, just click Buy Now. Search for another example using the Search bar if necessary. Choose a subscription that fits your needs. Begin by using your credit card or PayPal. Select a file format and download your document. Once you’ve completed all the steps above, you’ll be able to fill out, print, and sign the Alaska Residential Real Estate Sales Disclosure Statement example. Be sure to double-check all entered information for accuracy before submitting it or sending it out. Minimize the time spent on document creation with US Legal Forms!
- If you have a US Legal Forms subscription, just access your account and navigate back to the form page.
- Locate the Download button next to the template you are viewing.
- After downloading a template, you will find all your saved examples in the My documents section.
- If you don’t have a subscription, it’s not an issue.
- Just follow the step-by-step guide below to register for an account online, acquire, and complete your Alaska Residential Real Estate Sales Disclosure Statement template.
- Verify and ensure that you are downloading the correct state-specific form.
Form popularity
FAQ
If your seller simply will not fill out the form after you advise them of the requirement to do so, you can have them mark refused on the form, and then provide that to the buyer.
Whenever you sell real estate, you are obligated to follow local mandatory disclosure laws. This involves informing the buyer about specific hazards or problems affecting the property before the sale is completed.
If a seller fails to disclose, or actively conceals, problems that affect the value of the property; they are violating the law, and may be subject to a lawsuit for recovery of damages based on claims of fraud and deceit, misrepresentation and/or breach of contract.
In general, you have an obligation to disclose potential problems and material defects that could affect the value of the property you're trying to sell. In addition, it is considered illegal in most states to deliberately conceal major defects on your property.
Who Must Make These Seller Disclosures in California. As a broad rule, all sellers of residential real estate property containing one to four units in California must complete and provide written disclosures to the buyer.
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.
In the simplest terms, a Seller's Disclosure is a document a potential buyer receives in order to know what condition the property is in. It contains about 100 questions and it will take you 20-30 minutes at most to complete.You're not required to have this document ready until your home is under contract.
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.
If a seller fails to disclose, or actively conceals, problems that affect the value of the property; they are violating the law, and may be subject to a lawsuit for recovery of damages based on claims of fraud and deceit, misrepresentation and/or breach of contract.