This form is a Seller's Disclosure Statement. This disclosure statement concerns the condition of property described in the document. The seller acknowledges that the information contained in the form is true and accurate.
Connecticut Seller's Real Estate Disclosure Statement
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How to fill out Seller's Real Estate Disclosure Statement?
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FAQ
Connecticut law does not consider death, no matter how it occurred, to be a material fact that is required to be disclosed. If a buyer asks the seller in writing, then the seller and/or agent must disclose the death, if they know.
The document provided by the seller that described the condition of the property is known as the Transfer Disclosure Statement. As a buyer, you should receive this document during the contract contingency period.
Connecticut's statewide disclosure form reminds both buyers and sellers that the buyer should inspect a property thoroughly before buying it. It reminds buyers that sellers may reasonably have no knowledge about some areas of the property.
Unlike some states, Connecticut is not a buyer beware state as it relates to residential property. This means that the rule of Caveat Emptor does not apply to homes and residential property.
The law exempts landlords from providing written disclosure to prospective tenants if the presence of mold was remediated according to the mold remediation guidelines (Cal. Health & Safety Code § 26147).
A Seller's Disclosure is a legal document that requires sellers to provide previously undisclosed details about the property's condition that prospective buyers may find unfavorable. This document is also known as a property disclosure, and it's important for both those buying a house and for those selling a house.
Disclosure Law in Connecticut for Home SalesConnecticut General Statutes § 20-327b requires that residential sellers make certain disclosures to a potential buyer. The statute applies regardless of whether a licensed salesperson or broker is involved in the transaction.
A disclosure statement is a financial document given to a participant in a transaction explaining key information in plain language. Disclosure statements for retirement plans must clearly spell out who contributes to the plan, contribution limits, penalties, and tax status.
Here are eight common real estate seller disclosures to be aware of, whether you're on the buyer's side or the seller's side.Death in the Home.Neighborhood Nuisances.Hazards.Homeowners' Association Information.Repairs.Water Damage.Missing Items.Other Possible Disclosures.
