Delaware Response to Notice of Title Defect by Seller to Buyer in Response to Notice
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How to fill out Response To Notice Of Title Defect By Seller To Buyer In Response To Notice?
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FAQ
The Delaware Division of Revenue created form 5403 to estimate and automatically withhold taxes on capital gains from the proceeds out-of-state residents or corporations will receive from selling their property.
All real property sales in Delaware require radon disclosure; there are no exemptions.
By law in the state of Delaware, home sellers are required to disclose any known defects regarding a property before the time of sale. This is to ensure that buyers are protected from buying homes or properties that are, in effect, lemons.
Chapter 25, Title 6 of the Delaware Code, requires a Seller of residential property to disclose in writing all material defects of the property that are known at the time the property is offered for sale or that are known prior to the time of final settlement.
Further, any person - regardless of whether they own any interest in the subject property - is liable in fraud for a false statement, misstatement, failure to disclose, or incomplete disclosure.
§ 2572A. Radon testing and disclosure. (a) Except as excluded by § 2577 of this title, every purchaser of any interest in residential real property on which a residential dwelling exists shall be notified that said property may present the potential for exposure to radon.
Yes, you can sell your house as is in Delaware. The Delaware Residential Real Estate Purchase Agreement is by default an as-is home sale contract. the Buyer shall accept the Property AS IS, WHERE IS, with all defects, latent or otherwise.
