For your convenience, the complete English version of this form is attached below the Spanish version. This form is a Sellers Disclosure and Disclaimer Statement for use in a residential sales transaction. This statement concerns the condition of property and is completed by the Seller. Though this form is valid in many states, your state may require a specific disclosure form. It is your duty to confirm you are meeting your legal obligations.
Alabama Declaracion de Descargo de Responsabilidad y Descripcion de una Propiedad Residencial. Residential Property Disclosure and Disclaimer Statement
Category:
State:
Multi-State
Control #:
US-37014-SPAN
Format:
Word;
Rich Text
Instant download
Description
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. Se trata de una declaración y denegación de responsabilidades por parte del vendedor, para ser utilizada en una transacción de compraventa de inmuebles para la vivienda. Esta declaración se refiere a la condición de la propiedad y es el Vendedor quien debe completarla. Aunque este formulario es válido en muchos estados, el suyo quizá pueda exigir un formulario específico. Queda bajo su responsabilidad corroborar que cumple con sus obligaciones legales.
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How to fill out Declaracion De Descargo De Responsabilidad Y Descripcion De Una Propiedad Residencial. Residential Property Disclosure And Disclaimer Statement?
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FAQ
As the Alabama code stated, the seller is required to disclose known defects to the buyer if a fiduciary relationship exists between the parties. Cato v. Lowder Realty Co., 630 So.
Title Companies and attorneys act as closing agents while selling a house in Alabama. So, you need to hire a real estate attorney to sell a house without a Realtor in Alabama. A licensed real estate attorney will help you draft all the closing documents and minimize the legal risks.
Seller's disclosure forms aren't required in Alabama. Caveat emptor means that a house seller need not inform the buyer of negative issues or risks pertaining to the house or property, with only a few exceptions.
Yes, you can sell your house in Alabama as is. And it's easier than you think. All Alabama Residential Purchase Agreements for residential properties are by default ?as-is? contracts. This means unless decided otherwise, the buyer accepts the property in its existing condition.
Buyers have a chance to inspect the property and should assume the responsibility of a purchase. Simply stated, this means that neither the seller nor the seller's agents, unless asked, are required to disclose defects, except those which might pose an immediate health or safety risk to the buyers.
Alabama Buyers Shouldn't Rely on Seller Disclosure Alabama is one of the three caveat emptor states. Alabama law requires all buyers of used real estate to inspect or have inspected all aspects of real property prior to closing on the sale.
