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.
Arkansas Declaracion de Descargo de Responsabilidad y Descripcion de una Propiedad Residencial. Residential Property Disclosure and Disclaimer Statement
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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
Before execution of a residential sales contract, the seller or his or her broker is required to deliver the statutory to the buyer, which contains a checklist to give notice of problems or potential problems with the property.
Lack of Real Estate Seller Disclosure Requirement in Arkansas. Arkansas has no law that requires you to give a formal disclosure statement to a potential buyer of your house.
While most states' laws mandate that home sellers like yourself give prospective buyers a written disclosure report identifying physical and other defects in the property, Arkansas law does not. However, if you use a real estate agent, your agent might need to make certain disclosures to the buyer.
Under California law, all material facts that affect the value or desirability of the property must be disclosed to the buyer.
Arkansas has no law that requires you to give a formal disclosure statement to a potential buyer of your house. In fact, Arkansas courts enforce caveat emptor clauses in purchase contracts.
The transfer disclosure statement (TDS) evaluates the condition of a property. Every residential seller must complete the TDS document. It will let the buyer know about major defects at the property.
As in all real property transactions in Arkansas, there is no disclosure statute addressing the individual owner/seller.
When Is a Seller's Disclosure Not Required in Texas? Every rule has exceptions?even in Texas. You don't need a seller's disclosure when you sell or give a house to your kids (such as in a will), your spouse (such as part of a divorce), someone you already co-own the house with, or the government.
Common issues that require disclosures include anything that may cause major foundation issues to a property or endanger a prospective buyer or the integrity of the house.
A Disclosure Statement is a written description of a contractor's cost accounting practices and procedures. (A blue print if you will.)